NZD/USD Forecast. Japanese Candlesticks Analysis

nzd_3_newsNZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD has formed a Doji reversal pattern on H4. Currently, the instrument is going by the reversal signal in a descending wave. The decline target could be 0.5960. After breaking below the support level, the quotes might continue their downward momentum.

However, the price could correct to 0.6045 before falling.

NZDUSD

Origin: RoboForex

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