FX:NZDUSD   New Zealand Dollar/U.S. Dollar
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weekly chart nzd usd downward trend last month and was broken the support of 0.66 now also on this level is forming a bearish pin that would only confirm the break of this level then the next support area 0:59
Inverted hammer is bullish, july 2013 we had the same inverted hammer, look what happened then.
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totally agree with you on that occasion, however, I see that formed a range of price and in this case there a nice downhill, the second point and that was in a situation where the two moving average were narrow between gold and often they crossed each other
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