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New Zealand Dollar Technical Outlook
Friday, 24 July 2009 15:43:58 GMT  |  Jamie Saettele, Senior Currency Strategist
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The NZDUSD has exceeded its 2009 high of .6601. Expect additional strength over the next several weeks (at least) to complete the rally from below .50. .6950 (pivot high from September 2008) is potential resistance. Recent highs are divergent with intraday momentum, suggesting that the NZDUSD is at risk of a sell off near term.

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