Technical Analysis – NZDUSD surpasses SMAs but bias is neutral

NZDUSD has been on the sidelines over the last six weeks with a strong resistance level at the 50.0% Fibonacci retracement level of the down leg from 0.6750 to 0.5476 at 0.6110 and the 0.6175 barrier. Also, it found significant support at the 0.5910 level and the lower surface of the Ichimoku cloud. The RSI […]