The NZD/USD has been trading sideways essentially for the entire month of March and into April, until 4/13 the Asian-European Session. The range had outside support at 0.8060 and resistance near 0.8290. The market has pushed above 0.83 entering the 4/13 US trading. Also note that with the breakout, the RSI finally pushes above 70, which is a near-term overbought signal, but a short to medium term bullish signal. Price has bullish bias, unless there is a slide below 0.82, in which case we continue to be in consolidation, just with an expanded resistance level... (full story)