NZDUSD switched to a bearish mood again on Thursday after a neutral session, stretching its downtrend to a fresh two-year low of 0.6235. In technical indicators, the MACD remains negatively charged below its red signal line, while the RSI and the Stochastics have no intention of exiting the oversold territory, though they keep a foothold […]

The post NZDUSD Sinks to Fresh 2-Year Low; Bearish Bias Intact appeared first on Action Forex.