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AUD/NZD: A tactical opportunity - ANZ

FXStreet (Guatemala) - Daniel Been at ANZ Research explained that AUD/NZD is a buy.

Key Quotes:

“In the near-term, the improvement in the Chinese growth dynamic provides an opportunity to tactically buy AUD”.

"Very conservative pricing in US rates makes the USD uncertain. The risk reward in the crosses is more appealing”

“Buy AUD/NZD with an initial target of 1.13”.

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