Technical analysis of NZD/USD for November 01, 2017

NZD/USD is expected to trade with a bullish outlook. The pair posted a rebound and broke above the upper boundary of Bollinger Bands, which indicated the bullish reversal. The 20-period moving average has crossed above the 50-period one. The relative strength index shows upside momentum. Therefore, as long as 0.6880 is not broken, look for […]