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Tuesday, January 2, 2018

NZD/USD pares gains as commodity currencies slip

The pair is now falling below key resistance levels at the start of the day NZD/USD is now trading at 0.7103 (briefly hit there, now at 0.7109) - falling below the 50.0 retracement level at 0.7107 that capped gains over the past two trading sessions. Nearby, there's also the 200-day MA sitting at 0.7106 which acts
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