Technical Analysis – NZDJPY overcomes 200-SMA; bullish crosses detected 

NZDJPY’s upside correction overcame the 200-period simple moving average (SMA) on September 9 following a rebound on the new formed base of 0.6670. Despite the MACD and the RSI moving in bullish territory, both indicators have slowed down recently, suggesting that the rally may take a breather in the short-term. The implied decreasing positive momentum […]