Technical analysis of NZD/USD for July 4, 2017

As predicted NZD/USD downside targets have been hit and NZD/USD is expected to continue its downside movement. The pair remains below its key resistance at 0.7305 and is looking for a lower bottom. The 20-period moving average stays below the 50-period moving average, and the relative strength index is around its neutrality area at 50, […]