NZD/USD Price Analysis: Spinning Top favors a bearish reversal

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NZD/USD Price Analysis: Spinning Top favors a bearish reversal
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NZD/USD Price Analysis: Spinning Top favors a bearish reversal NZDUSD Fed Reversal Candlesticks SupportResistance

of the market participants has dropped vigorously after hawkish commentaries from Federal Reserve policymakers.

NZD/USD is demonstrating signs of a bearish reversal led by the formation of a Spinning Top candlestick pattern. The aforementionedindicates indecisiveness in the sentiment of investors for further action, which also marks a reversal in the ongoing trend.

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