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NZDUSD






12/1/2014 2:28:10 AM

NZDUSD - Technical Analysis: Monday, 01/12/2014 07:28 GMT



The continuation of trading inside the descending channel, and negative pressure from the exponential moving average 50 supports the decline.

Gradual and calm rise at the bears’ power indicator, and breaking 0.7740 will support more negativity.


Target
Risk


Support
Resistance


Trend Bearish

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