12.12.2017 • 13:00 GMT
Drawn In By a High Profile NZD/USD Reversal Pattern
John Kicklighter
• A sharp rally for the Kiwi would put NZD/USD up to the neckline on a clear inverse head-and-shoulders pattern
• The rally for the Kiwi was driven by news that the next RBNZ Governor would be a supposedly more hawkish Adrian Orr
• There isn't much immediate RBNZ rate potential to seize on and the Fed decision Wednesday will be a distraction
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