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November 22, 2011

NZD/USD Cracking Key Trendline Toward the 2011 Low

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The NZD/USD charts continues to show a bearish market. During early 11/23 Asian trading session, price fell below the consolidation formed in the past couple of days. Note that the RSI reading in the 1H chart remains below 60, an indication of persistent bearish momentum. The very short-term range... FF News: Technical

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