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New Zealand Dollar Technical Outlook
Wednesday, 05 August 2009 14:27:42 GMT  |  Jamie Saettele, Senior Currency Strategist
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The NZDUSD is in the same position as the AUDUSD.  The break to a 2009 high indicates that wave v of C is underway.  Although anticipating a reversal, there is no evidence of one yet.  Potential resistance is at .6958. Only a drop below .6467 would suggest that a top is in place.

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