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NZD/USD Forecast March 2, 2012, Technical Analysis

posted by Avatar FXEmpire 874 days ago in USD, NZD, Technical

NZD/USD rose during the Thursday session as the pair gained back some of the losses from the previous session. The 0.8450 level above continues to be resistance, and we think the pair has plenty of support below. With this in mind, it is either a scalping pair if you are so inclined, or it is a matter or wait and see – with us buying a post-0.8450
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