NZD/USD overview

1 ביוני 2018

On the daily chart, as we expected before, the pair had bounced from the ascending trend with engulfing candle along with breaking a descending one. To reach our target at the resistance zone at 0.697-0.702
According to the shaped harmonic pattern (bat), the price is expected to reach the B point at the next resistance zone 0.7155-0.7185
The price may face a little retracement before going up to the mentioned targets