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Tuesday, 10 July 2012

2012.07.10 05:57:52 NZD/USD intraday: key resistance at 0.8005.

NZD/USD intraday: key resistance at 0.8005.

Update on supports and resistances.
Pivot: 0.8005

Our preference: Short positions below 0.8005 with targets @ 0.792 &
0.7885 in extension.

Alternative scenario: Above 0.8005 look for further upside with 0.8035
& 0.8075 as targets.

Comment: the RSI advocates for further downside.

Key levels
0.8075
0.8035
0.8005
0.79393 last
0.792
0.7885
0.7845
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