NZD/USD shows signs of bearish reversal.
NZD/USD has begun to turn lower, with the creation of flat lining tops and lower lows pointing towards something remarkably similar to the price action seen back in mid-March.
With that in mind, there is a good chance that the current bounce could fall short and turn lower soon. As long as the price remains below $0.7052, it looks like we could see the pair break lower once more. The $0.7031-$0.7036 region looks particularly interesting for shorts.