Like the GBPUSD, the NZDUSD is unclear. The head and shoulders ‘look’ is still there but the decline from .5987 is in 3 waves, which warns of additional upside potential. Remaining above .5534 keeps bulls in control.
Like the GBPUSD, the NZDUSD is unclear. The head and shoulders ‘look’ is still there but the decline from .5987 is in 3 waves, which warns of additional upside potential. Remaining above .5534 keeps bulls in control.