NZD/USD holds below 20-SMA after Tuesday’s quick bounce. Bullish signals strengthen, but a break above 0.6020 is still needed. NZD/USD dropped to Monday’s low of 0.5845 before bouncing back to retest its 20-day simple moving average (SMA) at 0.5945, as the euphoria about the US-China trade deal faded, weighing on the US dollar. With the […]
The post NZD/USD Recoups Weekly Losses: Will It Turn Bullish Again? appeared first on Action Forex.
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