{video}NZDUSD is looking to complete a bullish double bottom pattern above the 0.6155 neckline and the 50% Fibonacci retracement of the February-October 2023 downtrend. Technically, the bulls could dominate in the coming sessions as the RSI has extended its upward pattern above its 50 neutral mark and the MACD continues to strengthen above its red signal line. Meanwhile, the stochastic oscillator has entered the overbought zone above 80, warning that potential price increases might be transitory. The 50-day simple moving average (SMA), which has been capping upside movements over the past couple of weeks, is ... (full story)