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The upward movement of the NZD has begun

Long
New Zealand Dollar / U.S. Dollar (CAPITALCOM:NZDUSD)  
arongroups  
CAPITALCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis NZDUSD
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trendanalysis nzdusd
Examining the red trend of the one-hour time frame, the New Zealand dollar has formed a floor head and shoulder pattern, which has now broken the resistance area of the neck line in the range of 0.6015-0.6008, and now it seems that the rate of May It can increase as high as the height of the pattern up to the Fibo range of 127.2% at the number of 0.6062.
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