October 3, 2024 – OkSignals

NZD/USD Reverses Lower After Reaching Resistance

The NZD/USD pair experienced a sharp decline after reaching a key resistance level near 0.6400. This downward movement formed a “Three Black Crows” pattern, a bearish reversal signal in Japanese candlestick analysis. Technical Analysis: Overall Outlook: The NZD/USD pair is facing downward pressure, with the potential for further declines. Traders should monitor technical indicators for […]

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