24 April 2012 06: 28 GMT

NZD/USD: the market was locked in a coated chop on the past several sessions to temporarily delay our bearish perspective. However, rallies to 0.8300 are seen as a great opportunity to seek to establish fresh short positions to the recovery of underlying bear trend. Search for renewed weakness and a break and rear closure below 0.8055 on upcoming sessions. Ultimately, only a close back above 0.8300 would give reason to worry.



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