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Berita trading
11 Aug 2016
Growing price instability in NZD/USD
NZD/USD was a game of two halves in yesterday's trading, forming a high wave candlestick pattern on this time frame.
While closing the day above the 21-day simple moving average, this pair has thrown in a large bodied candlestick with seemingly large upper and lower wicks.
Both buyers and sellers were defending the extremes, yet a neutral to bullish tone prevails.
While closing the day above the 21-day simple moving average, this pair has thrown in a large bodied candlestick with seemingly large upper and lower wicks.
Both buyers and sellers were defending the extremes, yet a neutral to bullish tone prevails.