NZD/USD Price Analysis: Bulls Gather Traction And Brighten The Outlook, Indicators Hit Overbought Conditions
May 15, 2024 at 21:05 PM EDT
In the Wednesday session, the NZD/USD pair rides a strong bullish wave, with a recent increase of 1.28%. The uptick made the pair jump above its 100 and 200-day Simple Moving Averages, indicating that the outlook turned positive for the pair.
