Technical analysis of NZD/USD for January 26, 2018
All our downside targets which we predicted in previous analysis have been hit. NZD/USD under pressure. The pair broke below its intraday “symmetrical triangle” pattern, which should confirm a bearish reversal. Both the 20-period and 50-period moving averages are turning down, and should continue to push the prices lower. In addition, the relative strength index […]