Technical Analysis – NZDUSD cautiously raises bullish flag

NZDUSD created a higher low at 0.5921 and strengthened above the middle Bollinger band, which is also the 20-day simple moving average (SMA), increasing hopes for further improvement in the short-term. The RSI could add to the positive signals if it manages to climb comfortably above its 50 neutral mark. Moreover, to attract investors’ attention, the […]