{"id":59674,"date":"2014-09-02T06:14:51","date_gmt":"2014-09-02T10:14:51","guid":{"rendered":"http:\/\/countingpips.com\/?p=59674"},"modified":"2014-09-02T06:20:10","modified_gmt":"2014-09-02T10:20:10","slug":"nzdusd-bearish-potential","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2014\/09\/nzdusd-bearish-potential\/","title":{"rendered":"NZD\/USD \u2013 bearish potential."},"content":{"rendered":"<div id=\"inves-1865281225\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 2, 2014<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>The rate has tested the 38,2% retracement level and now is under selling pressure.\u00a0We have a minor descending channel on H4 chart. The first target will be at lower low of 0,8310 from 26 August and then lower at the 50% fibonacci. If the bears will ignore the support from the 50% retracement level then the next barrier will be at 61,8%. This pair maintains a strong downward potential because this correction is expected to continue. We have a busy week ahead, is important to have the eyes on all major economic events from the United States.\u00a0The US Dollar can increase further against the NZD if we\u2019ll have positive news from American economy.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/content.screencast.com\/users\/OVTbusiness\/folders\/Jing\/media\/9e84241f-8b31-4017-8c52-40906543f2e1\/2014-09-02_1256.png\" alt=\"NZD\/USD \" \/><\/p>\n<p>By Olimpiu Tuns \u2013 Owner of ovtbusiness.com and trader on financial markets for more than 4 years.<\/p>\n<p><a href=\"http:\/\/ovtbusiness.com\/en\/\" target=\"_blank\">http:\/\/ovtbusiness.com\/en\/<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rate has tested the 38,2% retracement level and now is under selling pressure.\u00a0We have a minor descending channel on H4 chart. The first target will be at lower low of 0,8310 from 26 August and then lower at the 50% fibonacci. If the bears will ignore the support from the 50% retracement level then [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-59674","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/59674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=59674"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/59674\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=59674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=59674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=59674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}