NZD/USD could fall again


NZDUSD was trying to rise from the ground, but still overshadowed by the event will be projected US Federal Reserve monetary policy later in the morning so it is still difficult for NZDUSD strengthened further.

On the hourly chart NZDUSD candle pattern forming dark cloud cover with moderate RSI, Stochastic decreased while the volume is still moving ramp describe bearish reversal of sepenuhny NZDUSD has not supported the market. For the movement today if NZDUSD failed to break 0.7791 level is likely NZDUSD slipped back with an estimated price leads to an area of 0.7740.