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Australian Dollar at Crossroads versus New Zealand Dollar

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 3, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The Australian dollar is reaching a fairly significant crossroads against its New Zealand counterpart, with the AUD/NZD approaching the end of a rising wedge consolidation pattern through near term trade. The 1.2250 mark represents the approximate top of the consolidation pattern, while 1.2000 is the approximate lower boundary of the...

    complete article here...

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