Mon, 22 Oct 2012 13:53:05 GMT
NZD/USD 1D Chart: Rising Wedge
NZD/USD has formed a Rising Wedge pattern on 1D chart. The pattern has 73% quality and 81% magnitude on in the 146-bar period.Pattern started on 12th of April, 2012, when pair started depreciating from 0.8320; currently it is trading at 0.8183; and gap between pattern's support and resistance narrows by 270 pips in 100 bar period. Technical indicators on aggregate