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New Zealand Dollar Technical Outlook
Tuesday, 23 June 2009 15:03:22 GMT  |  Jamie Saettele, Senior Currency Strategist
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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. The NZDUSD unexpectedly exceeded .6474 Friday, thereby negating the short term bearish structure. The bearish implications from the aforementioned evidence remains however.

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