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NZDUSD Slices Through 50-Day SMA as Rebound Extends

NZDUSD Slices Through 50-Day SMA as Rebound Extends
NZDUSD had been steadily gaining ground after its latest retreat came to a halt at 0.6154 in late April. Moreover, the pair has already claimed crucial levels, jumping above both its 50- and 200-day simple moving averages (SMAs), while also entering within the Ichimoku cloud. The momentum indicators are reflecting a cautiously positive tone. Specifically, the MACD histogram has […] The post NZDUSD Slices Through 50-Day SMA as Rebound Extends appeared first on Action Forex... Read More
Posted: May 3 2023, 12:10
Author Name: actionforex
Views: 102399

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