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Daily Forex Signal: Selling Risk Into Weekly Close – NZD/USD

June 24, 2010 at 15:06 UTC || By Forex Playmaker  

Heading into the weekly close, traders should continue to short riskier currencies, which have held up surprisingly well amid broader market declines. Specifically, the New Zealand dollar appears overpriced relative to its US counterpart, which may result in a sharp selloff heading into tomorrow’s session. Last priced at 0.7110, the pair remains near its highest levels since...

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