Technical Analysis – AUDNZD bullish in third week of rise

AUDNZD is ready to complete its third week of gains, having strongly rebounded from an eight-month low of 1.0261 early this month and breached its simple moving averages (SMA). Encouragingly, the pair also managed to close on top of the Ichimoku cloud on Wednesday, while in momentum indicators, the rising MACD and RSI are embracing a positive […]