NZD/USD Daily Chart 8:35AM EST 11/30/2012 Failure: The previous NZD/USD noted the pair bouncing off a trendline that started mid-Nov. pushing the Kiwi higher away from the 200-SMA in the 4H chart. I noted that that moving averages show a neutral flat market, but the RSI is showing development of bullish momentum as the readings hold above 40 and tag 70. Price was also trading with higher highs and lows. However, the 11/29 session saw a failure for the bulls to push toward the trendline
