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NZD/USD Forecast February 21, 2012, Technical Analysis

posted by Avatar FXEmpire 890 days ago in USD, NZD, Technical made popular 890 days ago

NZD/USD gapped at the open for Monday, only to fall and try to fill the gap. This will have been expected by traders when this happened, so the fall won’t worry most bulls in this pair. The commodity trade continues to gain overall from the massive amounts of liquidity flowing into the markets, and the Kiwi will be one of the biggest beneficiaries.
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