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New Zealand Dollar Technical Outlook
Monday, 20 July 2009 15:00:37 GMT  |  Jamie Saettele, Senior Currency Strategist
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The NZDUSD is testing the top of its multi month range also.  A push above the June high (.6600) would make the rally from the March low in 5 waves (bearish for short term but bullish for long term).  The consolidation since the June high is either waves 1 and 2 of a bearish impulse or waves a and b of a 4th wave correction.

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