- NZD led 30 pt rebound in Asia - move expected to be algo driven, but was sustained
- NZD selling coincided with vague inflation data
- Momentum studies & 5dma base - 10 & 20 dma's still head south
- Implies consolidation - last Thursday's hammer stays as a positive signal
- Earlier 1.0353 low & yesterday's 1.0430 high initial support/resistance


FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
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FxWirePro: EUR/ NZD loses momentum but outlook is bullish 



