NZD/USD Forecast Turns Bearish as Upside Momentum Wanes
NZDUSD prices rose recently, after having a divergence around the area of daily support around 0.58531, prices continued to move up forming HL and HH
now the pair near a daily supply area, with
an extremely overbought area on RSI,
with reaching the supply area will confirm the ABCD harmonic pattern which leads the prices to fall to the areas of 0.60521 and 0.59550
now the pair near a daily supply area, with
an extremely overbought area on RSI,
with reaching the supply area will confirm the ABCD harmonic pattern which leads the prices to fall to the areas of 0.60521 and 0.59550