Tag - nzd - new zealand dollar

NZD/USD: kiwi fell
NZD/USD: kiwi fell

NZD/USD retested the neckline of the “Head and shoulders” and then went below the lower border of the 0.6710-0.6850 consolidation range.

NZD/USD: a head and shoulders
NZD/USD: a head and shoulders

NZD/USD is ready to trigger a “Broadening wedge”. For that, bears need to pull it below support at 0.6715 where the lower border of the “Spike and ledge” pattern lies.

NZD/USD got into a cage
NZD/USD got into a cage

On the daily chart of NZD/USD, bulls tried to lead the pair out of the downtrend channel and trigger the “Bat” pattern but failed.

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