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New Zealand Dollar Technical Outlook

Thursday, 02 October 2008 15:14:50 GMT

Written by Jamie Saettele, Senior Currency Strategist

Kiwi has been the quiet one of the bunch….there is no change to the count.  “The advance from .6435 is in 3 waves so a the long term decline may be back underway.

It is also possible that a larger correction is underway that will end closer to .72.  Action over the next several days should help to clear things up.”

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