Technical Analysis – NZDUSD maintains positive outlook despite ease in rally
NZDUSD has pulled lower from the fresh four-month high of 0.6602 following a bounce off the 50-period simple moving average (SMA), which revived the bigger positive picture. Further backing the ascent are the upward sloping SMAs and the supportive trendline. The short-term oscillators, although reflect a pause in positive momentum, continue to support the upside […]