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NZD/USD: further squeeze higher is possible today - ANZ

Analysts at ANZ noted that the Kiwi didn’t quite get down and test key 200-day moving average support (at 0.7176), and has bounced on weaker USD sentiment. 

Key Quotes:

"A further squeeze higher is possible today, although we would be looking to fade moves up above 73 cents.

Support 0.7180 Resistance 0.7420."

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