NZDUSD is climbing again after the recent pullback deflected off the 200-day simple moving average (SMA). The price is currently attempting to pierce above its 20-day SMA just beneath the 0.6350 mark, while to the downside, there is immediate support from the 38.2% Fibonacci retracement of the February 2021-October 2022 downtrend at 0.6257, as well […]

The post NZDUSD Back Above 0.63; Will 20-SMA Cap the Advance? appeared first on Action Forex.