Mon, 06 May 2013 13:57:04 GMT
Weekly Trade Pattern Idea
NZD/USD has formed a Rising Wedge pattern on the 1D chart. The pattern has 52% quality and 67% magnitude on in the 74-bar period.The pattern started on the 28th of January, 2013, when the pair dipped to 0.8281; currently it is trading slightly below the weekly pivot (PP) at 0.8430; gap between the pattern's support and resistance narrows by 140