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NZD/USD Technical Analysis for the Week of Aug 1, 2011

posted by Avatar FXEmpire 659 days ago in USD, NZD, Technical made popular 659 days ago

The NZD/USD pair has skyrocketed as the situation in DC is becoming more and more dysfunctional. The pair is ignoring the usual “risk off” label as the Chinese are said to be buying the Kiwi bonds presently. The pair is way too overextended to buy into at these levels, but there is a real solid chance that we could see a pullback that would present
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