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FxWirePro- Woodies Pivot(Major)

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FxWirePro:NZD/USD continues to recovers , upside pressure builds

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USD/MYR opens at 3.5430-80, traded lower initially but reversed

Wednesday, April 29, 2015 2:41 AM UTC

Traders are more confident today, deemed pair oversold
Markets also wary of fresh spike in USD if FOMC statement is not dovish
Pair last at 3.5530-3.5550, traded 3.5430-3.5535 range so far
NDFs last 3.5590-3.5620; KLCI -0.20%

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USD/MYR opens at 3.5430-80, traded lower initially but reversed

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