Wednesday, May 28, 2014

NZDUSD: Kiwi Can't Catch A Break

Way back at the beginning of this month, we highlighted the cracks beneath the surface of the NZD/USD's rally, highlighted the 'extremely rare state of a quadruple divergence, where the exchange rate [had] made four higher highs, while the RSI indicator [had] made four lower highs,' and concluding that, 'this



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