02.09.2014 - New Zealand Dollar gives a signal to sell

The price of the New Zealand dollar, after a long consolidation near the upper boundary of the descending channel began to fall again and has broken through the level of the nearest local maximum, which gives reason to expect continuation of reduction with the objectives of 0.8320 and 0.8250. Stop should be set above the level of 0.8400. We expect the decline in the near future.

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