NZD/USD Will Move to the Upside Again

NZD/USD failed to break above the resistance at 0.6785, formed a shooting star candlestick on the four-hour time frame and started falling again. The move to the downside, however, appears temporary, since the pair reached the support at 0.6620 that coincides with the (MA)89 on the daily time-frame and formed a doji candlestick above the support on the same time-frame. Under these circumstances I think the pair will start moving to the upside again to test the resistance at 0.6785. In case of a breakout above that level we can likely expect it to reach the next resistance at 0.6850.