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NZD/USD: at the strong resistance level on 02.06.2015

On Monday, financial markets of New Zealand were closed due to celebration of the Queen birthday. For the second day the pair is being traded in the narrow range of 0.7150–0.7080. In view of the decline in the world prices for dairy products, strengthening in the USD and soft monetary policy of RBNZ it is likely that the decline in the pair will continue. 

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