Saturday, December 14, 2019
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Technical Analysis – NZD/JPY overcomes 200-SMA

NZD/JPY overcomes 200-SMA; bullish crosses detected. NZD/JPY’s upside correction overcame the 200-period simple moving average (SMA) on September 9 following a rebound on the newly formed base of 0.6670. Despite the MACD and the RSI moving in bullish territory, both indicators have slowed down recently, suggesting that the rally may take a breather

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