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Currency Analyst since 2010

Morgan Stanley: sell NZD/USD

Morgan Stanley recommends selling NZD/USD at $0.8600 targeting $0.8390 and with stop at $0.8670.

The specialists expect the Reserve Bank of New Zealand to lift up the interest rate (in line with consensus), but say that such move is already priced in.

Chart. H4 NZD/USD

 

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