NZDUSD Cautiously Bullish Above Very Short-Term Trend Line And MAs

<p>NZDUSD seems to have retraced slightly to the 0.6074 level – that being the 61.8% Fibonacci retracement of the down leg from the 0.6447 high to the 11-year low of 0.5468 – after the recent appreciation of the price above the simple moving averages (SMAs) and the Ichimoku cloud. The decline from 0.6175 appears to […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/291708-nzdusd-cautiously-bullish-above-very-short-term-trend-line-and-mas/">NZDUSD Cautiously Bullish Above Very Short-Term Trend Line And MAs</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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