Technical analysis of NZD/USD for December 02, 2016

NZD/USD is expected to trade with bullish bias. The pair stands firmly above its key support at 0.7045, and is expected to challenge its next resistance at 0.7130. The relative strength index is bullish, without displaying any reversal signals. To conclude, as long as 0.7045 is not broken down, a further bounce is preferred with […]