Wednesday, 20 October 2021

NZD/USD Rate Clears September High to Trigger Overbought RSI Reading

Recent developments in the RSI indicate a further appreciation in NZD/USD as the oscillator pushes into overbought territory for the first time since February.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...