In early hours of this trading session the currency exchange rate made a breakout from symmetrical amid the pressure from 55-, 100- and 200-hour SMAs. In result of this downfall the pair has formed a minor , which is should guide movement of the pair at least until release of data on the New Zealand Retail Sales. But publication of worse than expected figures is unlikely to change the overall trend, according to which the pair is expected to ultimately reach the lower support line of the dominant formation. In case the pair bypasses the above moving averages, the subsequent surge should be neutralized by the upper trend-line of a medium-term .
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