Wed, Jan 27, 2021 @ 23:33 GMT
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NZD/USD Head And Shoulders?

Price drops right now after the retest of the fourth warning line (wl4) of the former ascending pitchfork. Technically is expected to drop on the short term, at least till will hit the 38.2% retracement level. NZD/USD is developing a Head and Shoulders pattern on the Daily chart, will be confirmed after a valid breakdown below the Neckline (red line).

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