Mon, 16 Jul 2012 11:13:26 GMT
NZD/USD 1D Chart: Triangle
NZD/USD has been narrowing its trading range and formed a Triangle pattern on the 1D chart. The pattern has 87% quality and 100% magnitude in the 381-bar period. The pattern started on the 1st of August, 2011, when the pair rebounded from 0.8844 and after testing pattern's support levels at 0.7371 on 25th of November, 2011, and at 0.7456 on 1st