Kiwi Rallies Still Seen Well Capped Despite Recent Demand


Forex Daily Analysis 2nd May 2014

The New Zealand Dollar remains in high demand and dips are very well supported. Yet, with the currency trading near longer-term cyclical highs, any upside from here should be very well capped.

Don't expect much more upside from the New Zealand Dollar. @jkonfx

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Plenty of movement in recent weeks that has benefited the US Dollar greatly, ...

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