Ella 
154
NZD/USD was flat near 0.6120 on Thursday as investors appeared to be taking profits. The outlook for NZD/USD has turned bullish after it broke above the main simple moving average (SMA), but further consolidation is likely.
On the daily chart, the Relative Strength Index showed bullish momentum and was in the positive zone, approaching overbought conditions, but turned flat on Thursday. The green bar of the Moving Average Convergence Divergence (MACD) indicator reinforced the positive trend, but also turned flat.
