NZD/USD Morning Technical Report 3/9/2014
ecPulse
2014-09-03 07:13AM UTC
NZDUSD has moved to the downside achieving a daily closing below 0.8310. However, we have a positive sign over four-hour interval that prevents us from chasing the bearish trend since RSI14 has proved the ability to start a correction from the value of 30.00. In result, we should be prudent to see whether the pair will come again above breached support or will continue to sink below 0.8310.
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