Wed, 04 Jan 2017 15:43:04 GMT
NZD/USD 4H Chart: Falling Wedge
A falling wedge led NZD/USD south, causing a build-up of bullish momentum, which should soon be expressed. The short-term movements have now entered a market that could be characterized as ranging, as the rate has entered a red Ichimoku cloud. We would expect the pair to continue its path to the northern boundary, and stickiness at the area could lead