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NZDUSD Retreats after Hitting Wall at Descending Trendline

NZDUSD Retreats after Hitting Wall at Descending Trendline
NZDUSD appears to have found its feet around the 200-day simple moving average (SMA) following the pullback from the June top of 0.6246. But the fact that the latest upleg was unable to breach the medium-term descending trendline casts into doubt the prospect for a bullish break in the near term. The momentum indicators are […] The post NZDUSD Retreats after Hitting Wall at Descending Trendline appeared first on Action Forex... Read More
Posted: Jun 21 2023, 16:00
Author Name: actionforex
Views: 092097

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