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New Zealand Dollar Technical Outlook
Tuesday, 16 June 2009 14:09:47 GMT  |  Jamie Saettele, Senior Currency Strategist
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The NZDUSD rally above .6422 negates the near term bearish bias and warns of additional strength.  However, my focus remains on the longer term structure, especially the rally from .4890, which is a textbook zigzag.  Waves A and C are equal, which is common.  Staying below .6474 keeps the near term trend pointed down.

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