NZD/USD Technical Analysis- Prices are testing support in the 0.8245-48 area marked by a rising trend line set from late July 2012 and the 76.4% Fibonacci expansion. A break lower targets the 100% level at 0.8196. Near-term resistance is at 0.8280, the 61.8% expansion.

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

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