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August 29, 2012

NZD/USD – A Gartley Will Form After Trendline Breakout

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The NZD/USD is in a second swing downwards since finding resistance at about 0.8223. As you can see in the 4H chart, it is about to completed a Gartley, where the latest wave will be similar to the first wave down. This projection targets the 0.80 level, between 50 and 61.8% retracement of the... FF News: Technical

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