Dollar Bearishness Halts, Is a Bullish Reversal Impending?
January 18, 2010 by ForexYard
Filed under Daily Forex Analysis
GBP/NZD:
The pair’s hourly, 4 hour and 8 hour RSI are floating near the overbought territory while a bearish cross is evident on the daily and 8 hour charts’ Slow Stochastic. Furthermore, an impending bearish cross is evident on the hourly and 2 hour MACD. Forex traders are advised to go short for the day.
