Technical Analysis – NZDUSD exhibits tendency for further advances

NZDUSD is extending price action above the 100- and 50-period simple moving averages (SMAs) after recently finding some traction at the 200-period SMA. Moreover, the slight incline in the SMAs backs the recent improvement in the pair. Turning to the short-term oscillators, they are suggesting that the price may continue to advance for now. The […]