Mon, 25 Aug 2014 11:59:04 GMT
NZD/USD 4H Chart: Channel Down
Despite the fact that the pair was able to breach the boundaries of the channel up pattern for several times, the NZD/USD currency pair still has a very high quality indicator (69%) and is trading between two trend-lines right now. The kiwi has recently breached a significant support level, represented by the monthly S1 level at 0.8366. Despite the high