NZDUSD Stumbles But Upside Risks Remain Intact

<p>NZDUSD is currently tracing the mid-Bollinger band in the four-hour chart after a slight pullback from the recently plotted 32½-month peak of 0.7314. Despite the small retracement in the pair, the commanding simple moving averages (SMAs) are backing the predominant bullish picture. The short-term oscillators are reflecting conflicting signals in directional momentum, though are leaning [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/352161-nzdusd-stumbles-but-upside-risks-remain-intact/">NZDUSD Stumbles But Upside Risks Remain Intact</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>