NZDUSD has turned flat around the 0.5961 level, that being the 38.2% Fibonacci retracement of the down leg from 0.6754 to 0.5468. This comes after the pair’s recent lunge up from 0.5843, which hit a snag at the 50.0% Fibo of 0.6113 and the capping 50-day simple moving average (SMA). Looking at the short-term oscillators, […]