NZDUSD Lower??

9 Nis 2016

The New Zealand Dollar has significantly gained against it's US counterpart over from the later half of 2015 to 2016. Of interest on this pair from me is the rejection of a multi-year trend-line (2013 - 2016). Last week's candle clearly rejected the line and this week's candle closed as a Bearish Harami. This needs further confirmation but i do believe that this pair could rally lower to the 60 cent mark.