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December 8, 2011

NZD/USD Cracks Key Support After False Break to Upside

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The NZD/USD remained in a range after the RBNZ decision where the bank moved away form tightening bias while holding the OCR at 2.5%. Then in the 12/8 European-US session, the market was volatile after the ECB interest rate meeting, and during the press conference with Mario Draghi after. The NZD... FF News: Technical

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