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NZDUSD based at the 100 hour MA today.

NZDUSD based at the 100 hour MA today.
The NZDUSD opened the day between its 100-hour moving average below at 200-hour moving average above (blue and green lines respectively). The initial try was to extend above the 200-hour moving average. That did not get very far. The subsequent fall tried to get below the 100-hour moving average, and that did not get very far either. The price in the New York session was finally able to break above the 200-hour moving average (green line in the chart above) with momentum, and there has been an e... Read More
Posted: Jun 5 2023, 16:23
Author Name: forexlive
Views: 110688

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