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Old 10-15-2012, 05:06 AM
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Default Chart of the Day: NZD/USD

New Zealand’s dollar, known as the kiwi, touched the weakest level in a month amid concerns over Spain as it faces mounting fiscal deficits.

Uncertainty has put pressure on the risk sensitive kiwi dollar - looking at the NZD/USD daily chart we can see several well defined trend lines, with nearby support at around 0.8100.

Chart courtesy of Oanda
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