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Forex news -forex broker review => Forex => Topic started by: PocketOption on Feb 03, 2022, 04:07 am

Title: NZDUSD Bounces at 16-Month Low but Bearish Tone Persists
Post by: PocketOption on Feb 03, 2022, 04:07 am
NZDUSD Bounces at 16-Month Low but Bearish Tone Persists

NZDUSD buyers emerged around the 0.6528 mark just shy of a key support base of the broader uptrend, where a five-month rally in the pair began, recording a 3½-year high of 0.7464. The diving simple moving averages (SMAs) are shielding the bearish mood in the pair. Currently, the Ichimoku lines are indicating a pause in […]


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Source: NZDUSD Bounces at 16-Month Low but Bearish Tone Persists (https://www.actionforex.com/contributors/technical-analysis/427772-nzdusd-bounces-at-16-month-low-but-bearish-tone-persists/)