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New Zealand Dollar Digests Losses

By , Sr. Technical Strategist
07 September 2006 13:20 GMT
The pair topped out yesterday at the .6500 figure and has declined 50 pips from there.  There is support just below current price at the 9/5 low at .6438.  It takes a break below there to bolster bearish prospects.  Initial resistance remains yesterday’s high at .6502.

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07 September 2006 13:20 GMT