Technical Analysis – NZDUSD retests 4-month peak, creating double top

NZDUSD touched the four-month peak of 0.6580 for the second time over the last month. The momentum indicators, though, are currently suggesting that the buying interest may have topped, and the pair may be regain positive momentum. The RSI and the MACD are pointing slightly down, and from the Ichimoku indicators, the red Tenkan-sen line has also paused its upside move. A […]