NZD/USD Is About To Move To The Upside

NZD/USD might be in a pretty long-term bearish trend but correction still happens occasionally and it looks like another one is about to begin. If you take a look at the screenshots of both the daily and the four-hour filter charts you will notice the telltale signals that a move to the upside is about to begin – doji and hammer candlesticks that have formed right above the support at 0.6960. The pair will likely start climbing soon and will probably reach the resistance at 0.7020, and should it break above that level it might reach 0.7100.