Technical Analysis – NZDUSD sinks near 4-year lows; downtrend looks unstoppable
NZDUSD came under fresh sell-off on Thursday in the wake of downbeat business data, with the price stretching its two-year old downtrend to an almost four-year low of 0.6304. Technical signals remain bearish.The Tenkan-sen line continues to move with a steep negative slope well under the blue Kijun-sen line, while the RSI shows no appetite […]