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NZDUSD






10/7/2014 4:08:59 AM

NZDUSD - Technical Analysis: Tuesday, 07/10/2014 08:09 GMT



Holding above the recent low 0.7709, and drawing a double bottom pattern that appears on image.

Breaching 0.7929 is required to confirm turning upwards and stop the recent negative pressure.

Positive signal offered by stochastic supports the expected rise.


Target
Risk


Support
Resistance


Trend Bullish

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