NZDUSD
The NZD/USD is forming a bearish Head And Shoulders on a daily chart.
The head of the pattern is itself a double top formed on a historical resistance line.
The right shoulder is currently at its completion point and there are signs that prove is starting to reverse.
More on that in the link below.
If the pattern is completed, price could move lower to around 0.6220.
Moreover, the MACD is loosing momentum while that pattern is forming - a strong bearish signal.
It seems that A LOT of signals are pointing towards the depreciation of the NZD against the USD
