FX.co ★ NZDUSD M15: Inverse Head and Shoulders

The Inverse Head and Shoulders pattern has formed on the NZDUSD M15 chart. The head low is at 0.5946, while the neckline passes through 0.5955/0.5954. The Inverse Head and Shoulders signals a potential reversal of the downtrend. A break above the higher neckline anchor may confirm the bullish reversal.