New Zealand Dollar Bucks Trend; Set-Up for Weekly Reversal Top
New Zealand Dollar investors were surprised today when the Reserve Bank of New Zealand announced that there remains a chance that interest rates would remain low until late 2010. The central bank left interest rates at 2.5 percent at its meeting today but expressed concerns that high interest rates and lofty currency price could curtail future growth and bring on additional risks. Technically, the current chart pattern suggests that this currency pair is set up for a weekly
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