NZD/USD bulls in the market and eye a firm correction

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NZD/USD bulls in the market and eye a firm correction NZDUSD DollarIndex Currencies Fed RBNZ

Bears are lurking in the Fibonacci scale below 0.6320.

The Kiwi has picked up a touch off yesterday’s lows, reflecting a combination of a weaker USD, and market chatter about the possibility of the OCR perhaps needing to climb to 6% given the migration boom.,´´ analysts at ANZ Bank explained.

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