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Forex: NZD/USD bounces to 0.8440/46

FXstreet.com (Barcelona) - The NZD/USD has bounced nearly 10 pips off the 0.8435 level during the afternoon of European trading Thursday. On the heels of mixed economic data in the United States, the pair was trading at 0.8440/46, up a modest +0.03%.

Mataf.net analysts points to short-term resistances at 0.8470, onto 0.8514, and 0.8535. On the decline, the NZD/USD is slated to face short-term resistance at 0.8405 ahead of 0.8384, and finally the 0.8340 handle.

In the United States, Initial Jobless Claims (April 13) came in at 352K, missing expectations of 350K. In addition, Continuing Jobless Claims (April 6) were reported at 3.068M, against projections calling for 3.075M.

Bundestag gives the green light to the Cypriot bailout

The German parliament has approved the rescue package for Cyprus today, with a clear majority voting in favor. German Finance Minister Wolfgang Schäuble assured that the aid will prevent the crisis from spreading to other countries.
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