SEB: NZD/USD double top confirmed – eFXnews

FXStreet (Barcelona) - The eFXnews Team shares SEB's technical outlook for NZD/USD.

Key Quotes

“Underpinned by a tad softer RBNZ the pair has fallen below the confirmation point for a large double top formation. The break is hence an important piece of information guiding the pair lower on a medium term basis with 0.7125 being the next attraction point.”