Forex Flash: Technically Speaking, NZD/USD is bullish – Nomura
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NZD/USD
FXstreet.com (Barcelona) - Nomura Strategist Saeed Amen provides his views on NZDUSD from a purely technical perspective.
From his hourly chart, Amen maintains his bullish view, explaining that "the RSI (14) has rebounded back higher, suggesting that spot has reached a short-term low." Bollinger bandwidth is low, hence we would expect some range bound trading. His target is 0.8355.
From his hourly chart, Amen maintains his bullish view, explaining that "the RSI (14) has rebounded back higher, suggesting that spot has reached a short-term low." Bollinger bandwidth is low, hence we would expect some range bound trading. His target is 0.8355.
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