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Monday, 4 June 2012

2012.06.04 05:51:26 NZD/USD intraday: consolidation.

NZD/USD intraday: consolidation. Update on supports and resistances. Pivot: 0.7555 Our preference: Short positions below 0.7555 with targets @ 0.7455 & 0.742 in extension. Alternative scenario: Above 0.7555 look for further upside with 0.758 & 0.7615 as targets. Comment: as long as 0.7555 is resistance, likely decline to 0.7455. Key levels 0.7615 0.758 0.7555 0.75202 last 0.7455 0.742 0.74 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011

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