NZD-USD PAIR HAS BEEN ON STRONG BULLISH TREND ON DAILY CHART. IT SEEMS THAT PACE OF BULLS HAVE DECREASED SINCE YESTERDAY. WE CAN ASSUME THAT PAIR MIGHT PULL BACK TO PREVIOUS DAILY RESISTANCE AREA OR EVEN BELOW BEFORE HEADING TOWARDS 0.6700.
CURRENT PULLBACK MIGHT FORM POTENTIAL HEAD AND SHOULDERS FORMATION AT THE TOP OF THE CHART, WHICH ADDS CONFIRMATION AND GIVES US TARGET OF 0.6400 OR EVEN 0.6370
CURRENT PULLBACK MIGHT FORM POTENTIAL HEAD AND SHOULDERS FORMATION AT THE TOP OF THE CHART, WHICH ADDS CONFIRMATION AND GIVES US TARGET OF 0.6400 OR EVEN 0.6370