It will be a bumpy road for the NZD/USD

High-Wave candle in the daily chart of the NZD/USD is identified. The current upward trend in risk.

The closing price was below the 21-day SMA. The currency pair has formed a small candle body with a long lower and upper shadow, what defines the current trading range.

The candle shows a draw between bulls and bears. The mood is changing from bullish to neutral to bearish.

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