Technical analysis of NZD/USD for July 5, 2017

NZD/USD is expected to trade with a bearish outlook. Although the pair posted a rebound and broke above the 50-period moving average, it is still trading below the key resistance at 0.7305, which should limit the upside potential. The relative strength index is mixed with a bearish bias. Therefore, as long as 0.7295 is not […]