Technical Analysis – NZDUSD lies near 23.6% Fibonacci; corrects higher in near term

NZDUSD has gained ground this week, advancing above the ten-and-half-year low of 0.6190 and the short-term moving averages, with the technical indicators feeding prospects for a possible positive trading. The RSI holds well above 50, while the MACD continues to strengthen in bullish territory and above its red trigger line.  Also, in the Ichimoku indicators, […]