Kiwi Flashback to 2008

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Since the latest EP is, as usual, generating a mountain of comments, I thought I’d put up a comment-cleaner before turning it for the day.

I’ll just leave this simple chart here for your consideration – – the NZD/USD recently broken a long-lived ascending trendline. It did exactly the same thing in early July 2008, a few months before some real fun began. Take it for what it’s worth.

0517-NZD