GBPNZD after a decisive push north on September 13, fell inches short of the May high of 2.0020, plotting a shooting star suggesting the bears have taken control. The pattern was followed by an engulfing candle, backed by the momentum indicators reflecting a possible top reversal. The Tenkan-sen and Kijun-sen lines have flattened, with the RSI in the overbought region, while the MACD currently deep in the positive area, has already turned down towards its red trigger line. Despite this, [..]
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