NZDUSD claims 200-day SMA and descending trendline But the pair fails to rally, extending sideways move Oscillators improve but remain in negative territories NZDUSD entered a downtrend after getting rejected at the 78.6% Fibonacci retracement of the 0.6536-0.5772 downleg in December. However, the pair has adopted a rangebound pattern around the 200-day simple moving average (SMA) since mid-January, while […]
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