New Zealand Dollar Technical Outlook
Tuesday August 19, 2008, 1:38 pm
The NZDUSD countertrend advance is much more mature than the other USD pairs (some of which may have not even started countertrend advances).
In fact, the pair is already near the Fibo zone, which begins at .7182. Look for resistance near there.
Source:Jamie Saettele, Senior Currency Strategist strategist@dailyf
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