NZD/USD Morning Technical Report 31/1/2014
ecPulse
2014-01-31 08:00AM UTC
NZDUSD remained under pressure pushing to the 200-days SMA, and 0.8120 horizontal support. The price is testing a key support area and this is the fourth time we see a test of this support. Accordingly we move to the sidelines for now, awaiting a confirmation of a downside break or an upside rebound.
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