NZD/USD looks heavy, sub-0.73 likely
Correction likely due to bearish RSI divergence, Bearish pinbar (last Wednesday's candle).
Momentum studies - 5-DMA, 10-DMA trend north - favor bulls.
0.7281 (23.6% of Nov Jan rally) could be tested.
Close below 10-day MA to confirm top in place at 0.7436.
Momentum studies - 5-DMA, 10-DMA trend north - favor bulls.
0.7281 (23.6% of Nov Jan rally) could be tested.
Close below 10-day MA to confirm top in place at 0.7436.