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12 Aug 2016
AUD/NZD down move could be exhausted
AUD/NZD opened yesterday on the lower edge after a previous falling session, but rallied and closed well above the prior session's close.
This price action has left a piercing line on the chart that let bears second-guess their positions. Such a pattern may be some cause for optimism when it appears at a support level.
This price action has left a piercing line on the chart that let bears second-guess their positions. Such a pattern may be some cause for optimism when it appears at a support level.