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Wednesday, February 1, 2012

NZD/USD 01.02.2012


/ On : 12:48 PM
Parity NZD / USD broke the 0.8236 resistance yesterday, giving us a new buy signal.
Subsequently, following resistance to 0.83 has been tested and is currently testing a parity of 0.8236 pullback.
Parity continues to evolve in its bullish channel (black lines).
All indicators are bullish.
We continue to advise that the long positions is 0.8152 support.
0.83 gives the breakdown of a new buy signal and open the way to 0.8350.
In case of return under 0.8152, we will be neutral between this level and 0.8077.
The breaking of 0.8077 would give a sell signal.



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