NZDUSD Trapped Below Key Average

<p>NZDUSD staged a nice rebound up to 0.6000 at the start of the week, but the 20-day simple moving average (SMA) proved a heavy obstacle ahead of the US jobs data, limiting gains around 0.5967. The upside reversal in the momentum indicators is feeding optimism the bulls may stay in play in the coming sessions. Yet, […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/516871-nzdusd-trapped-below-key-average/">NZDUSD Trapped Below Key Average</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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