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Forex Trading: NZDUSD testing 200 hour moving average

Posted by Greg Michalowski on Mon, 05/05/2008 - 8:44am in

The NZDUSD is testing the 200 hour moving average at the 0.7837 after testing the 100 hour moving average in early trading today (at .7789 area) and moving higher thoughout the London session.  A close above teh 0.7837 area would be constructive for the pair this morning. 

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