Mon, 05 Aug 2013 11:36:15 GMT
EUR/NZD 1D Chart: Rising Wedge
Pair has formed a rather orderly Rising Wedge pattern. Pattern's quality and magnitude ratings are well above the average. Trading volume goes well in line with the idea that it decreases before a possible breach. In addition, at the moment pair is trading just slightly below the 2013 high which was reached in the end of June. For the purposes