Technical Analysis – NZDUSD positive picture at risk as lower bound of Ichimoku cloud tested

NZDUSD’s short-term bullish picture under scrutiny as the pair is presently resting on the lower band of the Ichimoku cloud. The latest sideways move may gain a negative boost should it dip under the cloud and the 50-period simple moving average (SMA) continue its gradual downturn. At this time signals for directional momentum reflected in […]