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Wednesday, 19 November 2014

NZDUSD Trend & Momentum 19-Nov-2014

Trend & Momentum indicates NZDUSD could be going down in this week, though the opposite side risk is remaining later. Cross-NZD FX has been stronger against major currencies as well as AUD.
 Oceanian economy is relatively stable and US economy has gotten competitivenes now. The trend reversal can be out of bias unless any surprises are coming up.


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