Technical Analysis – NZDUSD struggles within Ichimoku cloud; bullish in short term
NZDUSD continues to consolidate within the Ichimoku cloud over the last couple of sessions, following the pullback from the eleven-year low of 0.5468. The pair remains above the bullish crossover within the 20- and 40-period simple moving averages (SMAs) in the 4-hour chart, confirming the recent upside tendency. Technically, the RSI is pointing up in […]