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NZD/CAD Undermined By Crude Oil Rally And Dovish RBNZ

Discussion in 'Technical Analysis' started by Kaitlin, Oct 6, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Crude oil's fundamental outlook continues to improve: as well as the planned OPEC oil output cut, we have seen surprise inventory destocking in the US for five straight weeks now. In addition to the prospects of reduced supply, the outlook for oil demand appears to be healthy too, judging by[​IMG]

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