Mon, 15 Apr 2013 11:26:24 GMT
Weekly Trade Pattern Idea
AUD/NZD has formed a Channel Down pattern on the 1D chart. The pattern has 56% quality and 73% magnitude on in the 141-bar period.The pattern started on the 2nd of October, 2012, when the pair surged from 1.2373; currently it is changing hands at 1.2280; with the trading range around 600 pips. Trading volume seems to decline in the length