NZDUSD bears appear running out of steam after a four-week downtrend as the Kiwi pair portrays a one-month-old falling wedge bullish chart formation at the yearly low amid the oversold RSI (14) line. That said, the 10-DMA surrounding 0.6045 guards immediate recovery of the quote ahead of the key 0.6060 resistance comprising the top line of the stated wedge. In a...
