https://www.tradingview.com/x/WAfM4ADf/

NZDUSD reached a solid horizontal resistance.

Approaching that, the price formed a rising wedge and a double top patterns
on an hourly time frame.

Both the neckline and a support of the wedge were broken.
It is an important sign of strength of the bears and a local change of a character.

I anticipate a retracement to 0.600 / 0.599

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dollarDouble Top or BottomforecastForexMultiple Time Frame AnalysisNZDUSDTechnical AnalysistradingUSDDJ FXCM IndexWedge

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