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Short - Long term outlook - Bearish to Bullish

Dollar New Zealand / Dollar AS (FX:NZDUSD)  
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FX:NZDUSD   Dollar New Zealand / Dollar AS
Trend Analysis Harmonic Patterns Technical Indicators NZDUSD Bearish Pennant Bullish Divergence
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trendanalysis harmonicpatterns indicator nzdusd bearishpennant bullishdivergence
Short term the NZDUSD has created a bearish pennant formation - we could see the NZDUSD re-test the 0.6500 area

However, long term there is a bullish RSI divergence suggesting there could be some upside back towards the 0.6630 resistance level.

This will depend on the trade war/ RBA and RBNZ interest rate decision in the coming days
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