Technicals: NZD/USD

  • Bearish price RSI divergence
  • Bearish MACD
  • Bullish 50-DMA & 200-DMA crossover (lagging indicator/contra indicator)

The spot is taking support of the descending trend line, however, i would be comfortable in selling the spot only after a daily close below 0.7244 (July 6 low).

NZDUSD D1 (07-10-2017 1830).png

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