25/09/2014 LONDON SESSION WATCH NZDUSD NZD/USD slid lower due to the pin bar candlestick pattern at 0.8100 resistance level that we mentioned in yesterday. The price declined due to the strong downtrend, as the short term moving averages (10 and 20 period) continue to stay well below the long term moving averages (50,100 and 200 period). The Tenken-sen is below the Kijun-sen and is moving lower as well which adds fuel to the bears. The down trend is still obvious and strong thus we could have great selling opportunities in today London session. Get FREE #forexsignals HERE: bit.ly/1rnKi0m #forex #nzdusd
Posted on: Thu, 09 Oct 2014 08:06:10 +0000
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