Tue, 29 Mar 2016 14:00:05 GMT
NZD/USD 1H Chart: Descending Triangle
The Kiwi/Dollar currency pair has ultimately confirmed a high-quality and magnitude descending triangle. Now the pair is dealing with the 200-hour SMA, one of the most important resistances. All indicators are pointing to the fact that NZD/USD will be able to breach this line successfully and will continue moving in the upward direction. In particular, this is affirmed by technical