Deep Bearish Crab on NZD/USDA bearish crab (blue) has formed.. A double top at the 1.618 ext may confirm this trade. If not.. there's another bearish harmonic pattern on the daily chart. The bat pattern (yellow). Let's see if the crab pattern will override the Bat and take price down
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Forex-currency
The currency forecast poll is a useful tool.I use the currency forecast poll and compare my own view on the market with the experts who get paid for their forecasts. In this case I have used the USDJPY. I believe that the technicals signal a move down to about 101.5. Here is what the pros say: www.fxstreet.com
I also use the awesome oscillator. When we see the awesome oscillator move below the zero line, We should see the price is setting up for a movement down with momentum and this view would be bolstered by the moving average.