Technical analysis of NZD/USD for February 7, 2018

NZD/USD is expected to trade with a bullish outlook. The pair posted a inverted head & shoulder pattern, which confirmed a bullish reversal. The 20-period moving average crossed above the 50-period one. The relative strength index is supported by the ascending trend line since February 2. Therefore, as long as 0.7275 is not broken, look […]