Technical analysis of NZD/USD for February 26, 2018

NZD/USD is expected to trade with bearish outlook. The pair remains under pressure below its nearest key resistance at 0.7360, and is likely to post a new decline to challenge the next support at 0.7270. Both the 20-period and 50-period moving averages are heading downward, and should continue to push the prices lower. Therefore, as […]