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  1. NZD/USD Near Key Support With Hanging Man Offering Bearish Signal

    by , 07-09-2014 at 04:29 AM
    Talking Points

    • NZD/USD Technical Strategy: Sidelines Preferred
    • Hanging Man hints at a reversal to support at 0.8700
    • Awaiting close of candle on four hour chart to offer signal

    NZD/USD could be primed for a further pullback following the emergence of a Hanging Man pattern on the daily. A push below support at 0.8700 would be seen as a bearish signal and pave the way for a retreat to 0.8500.

    NZD/USD: Hanging Man Offers Bearish Signal Near Key Resistance ...