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jangseohee
Nov 8, 2014 4:43 PM

NZDUSD, 1 hour chart 

New Zealand Dollar/U.S. DollarFXCM

Description

Since 23 Oct, this pair has been in a descending wedge. If price get break above 0.77500 convincingly, the next immediate could be 200ema.
MACD in general is making an uptrend. Of course this depend a lot of how US dollar perform next week. If bullishness of USD continue, then we could see this pair heading for 0.76500 in time to come.
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