By FX Empire.com
Unlike its antipodean counterpart, the NZD rose against the USD in a fairly consistent manner on Tuesday. The pair has bounced from the 0.81 support zone, and it looks like it might try to run towards the 0.84 level again as we continue to go back and forth in this pair. Until we break the 0.80 level to the downside, or the 0.86 to the upside, this pair will continue to bounce around as the world tries to figure out the real damage coming out of Europe.
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