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Forex News NZD/USD: Decline To Extend Further Before A Base; USD/CAD: Corrective Rally Underway - BofAML

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Peter

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Bank of America Merrill Lynch FX Technical Strategy Research notes that while the weekly chart of NZD/USD shows spot is in an uptrend and retracing the 2014-2015 decline, its short-term charts point to further decline.

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