NZD/USD is in a range between 0.73000 and 0.71400, and is creating a chart pattern formation known as Head And Shoulders and a possible triangle.

If it breaks below 0.71400, we'll probably see the price fall down to 0.69500.

If the price rejects 0.71400 and breaks above, it might continue its way up to 0.74500
ForexforexsignalsHead and ShouldersNZDUSDsignalsSupport and ResistanceTechnical AnalysistradingWedge

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