The New Zealand dollar, a reversal model and an upcoming Rise are expected

The New Zealand dollar is a reversal model and an upcoming Rise is expected .

The New Zealand dollar pair continued its decline, reaching daily demand zones The pair also reached overlapping demand zones for a 4-hour frame .

Currently, there is a bullish reversal pattern, which is the wedge pattern, as is clear on the chart .

The pair is expected to rise in case of breaking the downtrend and closing higher The specified resistance is an important point for the pair's ascent .

The forecast in case of a breakout and closing is the ascent of the targets shown on the chart .