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Both the NZDUSD and the AUDUSD stall at the 200 hour MA today

The NZDUSD moved up today and in the process, the price moved up to test the 200 hour MA at 0.6362. The sellers leaned against the level and the price has modestly come off the MA level. In the new trading day, the swing are between 0.6345 and 0.6348 will be targeted on more selling. Move below that, and the 100 hour MA at 0.63275 will be eyed as the next downside target.

Conversely, break above the 200 hour MA has trader looking toward the 38.2% at 0.6371 followed by the high from las... Read More

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Content Topics

Both

Nzdusd

Audusd

Stall

Hour

Today

Forex

Posted: Feb 13 2023, 21:15

Author Name: forexlive

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