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NZD/JPY Short-Term Technical Outlook

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10-08-08, 03:17 AM

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NZD/JPY Short-Term Technical Outlook

On 9/22, I noted that the underlying downtrend for the NZDJPY would lead the pair lower, and anticipated that the pair would work its way down towards the 9/16 low of 67.21. In fact, the aussie-yen has fallen through this level, and looks to be finding support near 62.41 (21.4%...

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