Technical Analysis – NZDUSD bulls breach upper bound of Ichimoku cloud, eyeing 200-SMA
NZDUSD buyers pushed off the 100-period simple moving average (SMA) and above various obstacles moving out of the Ichimoku cloud. The recent rally looks to shift the bias by climbing above the 200-day SMA, despite an overall short-term neutral picture prevailing, as indicated by the horizontal SMAs. The short-term oscillators reflect a kind of neutral […]