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New Zealand Dollar Technical Outlook

Tuesday, 06 May 2008 14:44:28 GMT

Written by Jamie Saettele, Technical Currency Analyst

The rally through .7879 negates our short term bearish bias.

Similar to the AUDUSD, we expect a long term top to form (may have already formed in the NZDUSD but the short term pattern is unclear and does not confirm this suspicion).

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