The NZD/USD sits a little higher at 0.8300 this morning,after dipping below 0.8260 overnight.A weaker USD (see Majors) helped buoy the NZD/USD. Our momentum model maintains a neutral position on thepair at present but would move to a long position at 0.8335.A test of this key resistance level (the December high) maybe in the offing today. However, there is nothing scheduledon the domestic calendar to directly influence trading today.
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