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New Zealand Dollar Technical Outlook
Tuesday, 02 June 2009 14:04:22 GMT  |  Jamie Saettele, Senior Currency Strategist
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The NZDUSD rally from .5484 is at the point at which it equals the .4890-.5987 rally (.6581). This level is defended by the 50% retracement of the decline from .8220-.4890; at .6555. The Fibonacci confluence combined with overbought RSI favors a reversal. Coming under .6444 would suggest a reversal.

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