Technical Analysis – NZDUSD remains below the upper Bollinger Band but indicators suggest further gains
NZDUSD 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 downleg from 0.7395 to 0.6850. However, the technical indicators are sending bullish signals, suggesting that the bullish correction will continue. From the technical point of view, in the 4-hour chart, the RSI […]