Technical analysis of NZD/USD for May 24, 2017

Overview: On the one-hour chart, there is the USD/CHF pair bullish trend from the support levels of 0.6953 and 0.6985. Currently, the price is in a bullish channel. This is confirmed by the RSI indicator signaling that we are still in a bullish trending market. As the price is still above the moving average (100), […]