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Slumdog Forex - Daily Forex Analysis

NZD/USD Testing Strong Resistance - August 16, 2012

After successfully forming head and shoulder, NZD / USD is currently testing the strong resistance which is also a Fibo 50.
In addition, a few U.S. provides details regarding tap for today and I'm slanted to imagine that the U.S. dollar might respond to basics, which connotes that stronger than looked for U.S. information might be positive for the Greenback. On top of that, there would be able to be built interest for the U.S. dollar at the same time as the days hinting at the Jackson Hole Summit as the Bolstered appears increasingly farfetched to actualize QE3.

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