NZDUSD continues to extend its negative sentiment reaching the 0.5862 level – that being the 161.8% Fibonacci extension of the up move from 0.6203 to 0.6754 – backed by the declining Ichimoku lines and the recent bearish crossover by the downward sloping 50-day simple moving average (SMA) of the 100- and 200-day SMAs. Further aiding […]