NZDUSD Classic Technical Report 09.24.2012
Prices pulled back to test support at 0.8223 after putting in a Shooting Star candlestick below resistance at falling trend line set from late-August 2011. A break below this barrier initially exposes 0.8047. Alternatively, a push above the trend line (now at 0.8349) targets the top of a rising channel established from the May 2012 lows at 0.8418.
Daily Chart - Created Using FXCM Marketscope 2.0
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