GBP / NZD likely short-term downtrend
Stoch at levels close to 20 breakout signal downtrend
RSI movement short, is a possible breakthrough levels 50
Bar with a long upper shadow "Model shooting star" candle engulfs supported shadows of others. If after reversal candle appear small candle corresponding to the previous trend of market movement, the situation is considered very strong signal confirming the trend reversal.
Sales in the manufacturing sector of New Zealand in the second quarter with growth of 0.4%, making it possible upward movement of the NZD.
Jr Trader E.Dimitrov
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