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The currency of New Zealand is doing very well compared to other Canadian dollar pairs. It is enough to look at other pairs and you can immediately see that the Canadian has strengthened to most of the world economies after the data on Wednesday, which indicate, among other things, inflation lower as assumed. Currently, everything points to a further strengthening of the currency pair, but the place marked with a cross should be observed because if the pair starts to decline at this point, we have a possible RGR formation.

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