NZDUSD pair turns to show some slight bearish bias offering a potential minor double top formation, with confirmation line located at 0.8522, which means that breaking this level will push the price to visit the ascending channel's line at 0.8465 before resuming the main bullish track again.
Overall, the positive overview remains valid, supported by the EMA50, and stochastic needs to gather some momentum to support the expected outlook.
Overall, the positive overview remains valid, supported by the EMA50, and stochastic needs to gather some momentum to support the expected outlook.