A pair of NZDUSD is consolidating, forming a figure of trend continuation "top-down flag." We can assume that if the US inflation data show the lack of growth, then the pair will be supported.
NZDUSD price is above the midline indicator Bollinger boundaries above SMA SMA 5 and 14. The relative strength index is above the level in 50% moves horizontally. Stoch grow.
Trade Idea NZDUSD
Height NZDUSD pair above 0.6315 level may lead to increased implementation of trend continuation patterns 0.6365.
Analytics Grand Capital
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