Analysts at ANZ noted the developments in NZD/USD.
Key Quotes:
“Decent corporate and real money demand during Friday’s London session, which saw the NZD back over 69 cents, may suggest that the NZD has found a near-term base.”
“But global themes continue to be in the driver’s seat, so that could all change in a heartbeat and we still maintain a downside bias overall.”
“Support 0.6850 Resistance 0.6950.”
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