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The Kiwi is now trying to break the 0.5840-0.5830 level/ The pair is in the discount array area from the Interbank Price Delivery Algorithm (IPDA) 60 Day Ranges. If the NZD/USD pair can break out and close above the 0.6001 then the bullish bias is likely to contunie untill the end of the month.
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The material has been provided by InstaForex Company - www.instaforex.com