Technical Analysis – NZDUSD sees strengthening bearish momentum in near term
NZDUSD has a negative undertone as the flow is back to the downside following a break below the key 0.6900 level. On the 4-hour chart, the RSI is bearish while the 20 and 50-period moving averages are negatively aligned. The rapid pullback from yesterday’s 0.6916 high suggests NZDUSD does not have enough momentum to resume […]