Technical Analysis – EURNZD runs towards 200-SMA at 1.6800

EURNZD is extending gains after the rebound on the 1.6525 support area, heading towards the 200-simple moving average (SMA), which overlaps with the 1.6800 psychological mark. The RSI is pointing marginally upwards, approaching the 50 level, while the stochastic is moving near the overbought area. Should the price close comfortably above the 200-day SMA, immediate […]