Technical Analysis – NZDUSD bulls push above Ichimoku cloud and 100-SMA

NZDUSD steady and 1 ½-month old decline below the capping 50-period simple moving average (SMA), saw the bulls on September 3 come on board. The price overcame the 50-period SMA and pushed through the Ichimoku cloud on Thursday to challenge the longer-term 100-period SMA and the inside swing low of 0.6376. Momentum indicators are backing […]