Fri, 28 Jun 2013 08:14:36 GMT
NZD/USD 4H Chart: Channel Down
Despite the noisy trading period some week ago pair is developing in the ranks of a channel down rather well. We might see some short term rallies (as indicated by the 4H technicals), however, daily and weekly technicals point at a further depreciation of the pair suggesting it is rather likely to maintain bearish trend. Some worries might be coming