NZDUSD looks to be mostly bearish after a descent from the 0.6155 resistance level, returning the price back below the simple moving averages (SMAs) and the Ichimoku cloud. The short-term oscillators reflect a stall in the negative momentum. The MACD, in the negative area, has moved above its red trigger line, while the RSI hovers below its neutral mark, pointing slightly up. That said, a conflicting bearish picture is currently displayed within the Ichimoku lines and all the SMAs. If sellers manage to close decisively below the red Tenkan-sen line, the 0.5955 support could deter the price from encountering the ... (full story)