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New Zealand Dollar Technical Outlook

Friday, 08 August 2008 14:51:55 GMT

Written by Jamie Saettele, Senior Currency Strategist

The NZDUSD has also entered into a long term decline.  Our longer term objective is not until below .5927.  However, there will be countertrend movements along the way.  When these corrections do unfold, we’ll look to identify their completions. 

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