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NZDUSD






12/17/2014 2:21:49 AM

NZDUSD - Technical Analysis: Wednesday, 17/12/2014 07:21 GMT



Bearish rebound after the recent positive trading, and forming double top pattern that its signs appear on chart.

Stochastic will motivate the price to break the neckline of this pattern at 0.7719, to continue with the overall bearish trend inside the main descending channel.


Target
Risk


Support
Resistance


Trend Bearish

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