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Seeking next leg down for NZDUSD

Posted On 17 May 2016
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The tap has probably been seen below 71c, RBNZ want a lower exchange rate and inflation points to this potential outcome. Matt Simpson, Senior Market Analyst at ThinkForex takes a technical look.

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The mission of ThinkMarkets is to facilitate foreign exchange trades in a secure and stable operating environment. We are dedicated to providing industry-leading technology to the international trading community and we strive to deliver educational tools and resources that enable traders to further develop their trading skills. ThinkMarkets is committed to upholding the trust and confidence of our clients by adhering to transparency policies and providing unrivalled customer service. Visit ThinkMarkets

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