A Head and Shoulders pattern has formed on the 4-hour timeframe, suggesting a potential bearish reversal. The key neckline zone lies between 142.400 and 142.000 .
A confirmed break below this neckline, followed by a clean retest, would present a high-probability short opportunity. This pattern indicates a possible shift in momentum, with sellers beginning to...
The NZD/USD pair appears to be forming an ascending triangle, a pattern that typically indicates increasing bullish momentum and buyer strength.
Should price break above the established resistance zone at 0.60300, I would wait for a confirmed retest of this area before considering a long position.
Potential take-profit targets are set at the next key resistance...
