NZD/USD is expected to trade with a bullish bias above 0.6860. The pair posted a rebound from 0.6859 (the low of May 16). The 20-period moving average crossed above the 50-period one, which indicated a positive signal. The relative strength index is above its neutrality level at 50. To conclude, as long as 0.6860 holds […]

NZD/USD is expected to trade with a bullish bias above 0.6860. The pair posted a rebound from 0.6859 (the low of May 16). The 20-period moving average crossed above the 50-period one, which indicated a positive signal. The relative strength index is above its neutrality level at 50. To conclude, as long as 0.6860 holds […]