The New Zealand dollar remains under technical pressure after it unsuccessfully tried to breach a little more above the 1.0450 level. The weekly gains were then lost as the pair headed down. However the Friday rise was limited. In case the table turns again, 1.04000 will be a crucial line of defense for the kiwi If broken we will follow the earlier-tested 1.0385. Monday's Australian CPI figure might weigh on the price.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.