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NZD/USD Technical Analysis Aug 1, 2011

posted by Avatar FXEmpire 1089 days ago in USD, NZD, Technical

The NZD/USD has reached new all-time highs again on Friday, and the 0.88 handle is now being tested. Because of this, we feel that the pair is overextended, but we certainly wouldn’t sell it. We want to see a pullback in which to buy from. Look for a pullback in order to go long.
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