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Forex Trading: Intraday support in NZDUSD approaching

Posted by Greg Michalowski on Wed, 05/07/2008 - 7:58am in

NZDUSD has been pressured today by weaker data out of Australia last night and overall dollar strength.  Tonight Unemployment is scheduled for release in both Australia and New Zealand.  The expectation is for the employment ot remain strong in both economies.  However the risk would be for signs of weakness given recent data. 

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