NZD/USD bulls out of breath

The responsive upward movement in the daily chart of the NZD/USD a lot of bids due soon Harami forms.

The NZD/USD attacked the upper end of the Bollinger bands and recorded for two days ( 21-period MA+2 standard deviations ). Furthermore, the stochastic oscillator with the setting of 14,3,3 in overbought area at 80. Although the oscillator can be partaking, the NZD/USD tends to close in an upward trend near the highs, he should now respond with a closing price near the lows.

The NZD/USD should form a new daily high, the bearish Harami.

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