18 Jul 2015
NZD/USD trading in oversold territory
FXStreet (Barcelona) - The daily NZD/USD RSI has moved below 30%, meaning that the pair is trading in oversold territory.
The NZD/USD daily RSI(14) has crossed below the 30% threshold while the weekly oscillator is already printing below 50% for several months. This suggests a fully-fledged down trend with a risk of being over extended market.
The NZD/USD daily RSI(14) has crossed below the 30% threshold while the weekly oscillator is already printing below 50% for several months. This suggests a fully-fledged down trend with a risk of being over extended market.