FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Kiwi outlook - Repeated failure to take out/sustain above 0.6897 levels has opened doors for a breach of immediate support at 0.6834 and drop to 50-DMA at 0.6778. On the higher side, 0.6930 hurdle needs to be taken out if bullish momentum has to gather pace.
Watch for daily close below 0.6835. That would add to already existing weak tone following repeated rejection at 0.6897
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