NZDUSD, “New Zealand Dollar vs US Dollar”
NZDUSD has formed a Harami reversal pattern on H4. Currently, the instrument might go by the reversal signal in an ascending wave. The correction target could be 0.6000. After a rebound from the resistance, the price might extend the downtrend. However, the quotes could drop to 0.5945 without any correction.
Origin: RoboForex