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Roger J Kerr says the unwinding of speculative currency market positions is now threatening to ... The unwinding of those speculative currency market positions is now threatening to drive the NZD/USD rate below the key support level of 0.7180. A clear break below 0.7180 could well induce further technical/chart related selling and send the rate sharply lower again to 0.7100 and below. It was very ...
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