NZDUSD Chart Technical Outlook

NZDUSD Chart Technical Outlook the expanding wedge offers a negative bias, the immediate signals are unclear.
Sellers have returned above the 261.8% extension level of 0.6199. The expanding wedge formation offers a negative bias. However, we need to see a reaction rally to be able to forecast the next pattern. The first substantial downside barrier is located at 0.6135. The immediate signals are unclear.

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