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Old 07-07-2008, 03:14 PM   #1

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NZD/USD Symmetrical Triangle
Looking at the daily NZD/USD we can see pressure building along the lower trend line of the symmetrical triangle -beneath we have support at the double bottom in the 0.7369 area - adding to the bear case we are trading below the 200 period SMA and selling momentum is strong as reflected in RSI.



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