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Posted by
Two Blokes Apr 15 -
Filed in
Forex
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2 views
The NZD/USD pair builds on the previous day's breakout momentum beyond the 200-day Simple Moving Average (SMA) and gains strong follow-through positive traction for the fifth successive day on Tuesday. The momentum lifts spot prices to the 0.5925-0.5930 region, or a fresh year-to-date high during the Asian session, and is sponsored by the underlying bearish sentiment surrounding the US Dollar (USD).
