- Commodity currencies are benefiting from weak USD, as well as from the weak performance of European currencies
- NZD has posted the largest gain vs the USD in the G10 space, up 1.10 % on the day
- Currently approaching the 0.79 level
- Trendline resistance on the Daily being tested
- Above there, resistance at 0.7940/50 and then not much until 0.8030
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