AUD/NZD Technical Analysis for April 25, 2011

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By ForexMansion.com

 

The AUD/NZD fell slightly again today as the 1.34 level is proving to be resistive. The pair is falling, but is still in a major uptrend, and has been for quite some time. We are looking to get involved, but only after we see a supportive level get tested and confirmed, as buying is still the safest move.

Originally posted here

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