# NZD/USD Head and Shoulders (November 12, 2013) Source: https://www.tradersway.com/resources/market-info/nzd-usd-head-and-shoulders-november-12-2013/ Language: en Updated: 2013-11-12 Description: Explore NZD/USD Head and Shoulders (November 12, 2013). NZD/USD. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. NZD/USD seems to have completed the head and shoulders formation on the 4-hour time frame, pending a break below the neckline around .8225. The pattern is roughly 300 pips in height, which suggests that the resulting breakdown could be of the same height. Take note though that stochastic is already in the oversold zone, which suggests that Kiwi bears are taking a break. A strong catalyst could be needed for a stronger move lower. ![NZD/USD Head and Shoulders (November 12, 2013)] Setting a sell stop below .8200 might be a good idea for a conservative entry and a stop above .8250 should be able to weather additional volatility. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/nzd-usd-head-and-shoulders-november-12-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/nzd-usd-head-and-shoulders-november-12-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/nzd-usd-head-and-shoulders-november-12-2013/", "headline": "NZD/USD Head and Shoulders (November 12, 2013)", "inLanguage": "en", "datePublished": "2013-11-12T10:17:19+00:00", "dateModified": "2013-11-12T10:17:19+00:00", "articleSection": "Market Info", "description": "Explore NZD/USD Head and Shoulders (November 12, 2013). 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