Thursday, June 21, 2018
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NZD/USD 21/06/18 | EconAlerts

Technical Analysis – NZD/USD the bearish outlook is still holding

NZD/USD jumps higher after recording 6-month low of 0.6824. NZD/USD plummeted to a fresh six-month low of 0.6824 earlier this morning, continuing the aggressive selling pressure that started after the pullback on the 0.7050 resistance level. Currently, the price is recovering from the low and trading slightly above its opening level but still below the 0.6850 resistance

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NZD/USD 07/06/18 | EconAlerts

Technical Analysis – NZD/USD indicators suggest further gains

NZD/USD remains below the upper Bollinger Band but indicators suggest further gains. NZD/USD has struggled below the 0.7050 strong resistance level and touched the upper Bollinger Band, which stands near the 38.2% Fibonacci retracement level of the down-leg from 0.7395 to 0.6850. However, the technical indicators are sending bullish signals, suggesting that the

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