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NZD/USD Looks Set for a Deeper Pullback

Discussion in 'Technical Analysis' started by Kaitlin, Sep 28, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The New Zealand dollar's recent advance has come to a halt recently after the Reserve Bank of New Zealand suggested that interest rates may need to be cut further from their current record low of 2.0%. The NZD's retreat has been particularly noticeable against the Australian dollar as the AUD/NZD[​IMG]

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