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Forex pairs in this Article » NZD/USD
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eliottWaves_nzd-usd_1_body_nzdusd.png, NZD/USD .7848 is Estimated Short Term SupportChart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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FOREXAnalysis: No change – “Expectations are for a rally in order to correct the 5 wave decline from the April high. The former 4th wave extreme near .8150 is a level to keep in mind as resistance. Near term support at .7750 held and recent divergences with AUDUSD are suggestive of a turn higher.”

FOREXTrading Strategy: Flat



LEVELS: .7982 .7749 .7848 .7968 .8030 .8136

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