NZD/USD Morning Technical Report 13/2/2014

ecPulse
2014-02-13 08:04AM UTC

NZDUSD was rejected at 0.8330 resistance yesterday to close the trading session lower, forming a major long-legged doji candle and thus hints major indecision. Accordingly, we prefer to move to the sidelines for now, awaiting a clearer trading signal. A break below 0.8300 level may signal further downside pressures. 

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