Rising Wedge identified at 28-Sep-2018 16:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6699 within the next 3 days.
Falling Wedge has broken through the resistance line at 28-Sep-2018 02:00 EDT. Possible bullish price movement forecast for the next 8 hours towards 0.6626.
NZD/USD experienced a 2.5% bullish movement in the last 11 days.
NZD/USD experienced 5 consecutive bullish candles. Possible bearish price movement to follow.
Great opportunity today due to upcoming volatility because of Durable Goods Orders MoM. Based on the last 12 Durable Goods Orders MoM events in United States, we expect a $140 movement on NZDUSD within 4 hours following the event release at 25 Oct 13:30 (Europe/London).
Based on the last 12 New Home Sales events in United States, we expect NZDUSD to trend down later today. Based on these past events there is a 80.0% of this.