Technical Analysis – EURNZD completes an asymmetrical triangle

EURNZD is likely to extend the sideways move in the short-term until it completes the asymmetrical triangle in the four-hour chart, with the RSI and the MACD backing this view as well as the indicators are lacking clear direction. The positive slope in the 20-period simple moving average (SMA) that recently crossed above the 50-period SMA suggests that the […]