Thursday, December 26, 2013

NZD/USD Technicals - Pushing Lower Towards S/T and L/T Support Levels

What this means is that we could see continued bearish pressure in NZD/USD. Currently we are trading below the soft support of 0.8174, with pullback seen in the past hour unable overcome the support turned resistance. This opens up a move towards 0.815, a notion that is seconded by Stochastic



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