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Expecting the gbpnzd to drop!!

After a very impressive climb to 2.0800, i am expecting some bearish action.
time frame: daily
indicators:
Bollinger bands
Stochastic indicator
i expect the pound to lose some steam and drop to 2.0200.
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EURo gains

Time frame: Daily chart
Indicators:
Bollinger bands
Stochastic indicator
The euro has started showing some gains, but i expect these gains to be limited to certain pairs till the euro economy starts to improve.
My forecast on the eurnzd is 1.6200, the pair has formed a bottom at 1.488 after a very heavy fall.
after breaking the support at 1.57, the pair looks to be heading back up.
The move will be confirmed with Stochastic staying above the 50 mark and price above the bollinger bands.
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Bulls recover the NZD

After dropping substantially this month, the NZD currency is easily the biggest loser this month. On the daily chart we can see that the pair (NZDUSD) has been below the 20EMA and 200EMA, and has been dropping steadily.
expecting a retracement to the 20EMA. This should happen within the next few weeks, before we see another leg down or up. But a retracement is much overdue.
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P3tr4 13 Oct

The pair is doing some kind of recovery, there is a strong possibility that it may finish the month up.
price is at 0.7892, target is 0.8045. Anything is possible..:)

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