Technical Analysis – NZDUSD finds footing on mid-Bollinger band

NZDUSD found some traction on the mid-Bollinger band currently at 0.6613, after a pullback returned the pair underneath the 100- and 200-period simple moving averages (SMAs). Furthermore, the short-term ascent is holding above the uptrend line drawn from the 0.6510 mark. The short-term oscillators suggest increasing momentum. The MACD, in the positive area, is above […]