The daily candle chart for the New Zealand Dollar is showing a very nice rejection formation. Two lows have formed at a very significant price reaction zone. The 0.8200 round number had been proven to be a very contested price area one 3 occasion during the past few months. A large pin bar candle formation has appeared which is telling me the 0.8200 zone haS been rejected and we may be changing direction in the next few days. As I always say only look for bullish momentum to build if the high of that bar is broken by a 3-5 pips. A nice bullish divergence is showing between both swings which is always a good thing when looking for price reversal. Happy Trading!!