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NZDUSD






11/27/2014 2:49:54 AM

NZDUSD - Technical Analysis: Thursday, 27/11/2014 07:49 GMT



Breaching the bearish intraday descending channel’s resistance supports resuming the bullish wave that started at 0.7660, plus positive support from the exponential moving average 50.

Gradual rise at the bulls’ power indicator, and some fluctuation is expected affected by stochastic negativity.


Target
Risk


Support
Resistance


Trend Bullish

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