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NZDUSD below MA support. What next?

NZDUSD below MA support. What next?
Like many pairs today, the NZDUSD has seen up-and-down price action. For it, the pair fell in the Asian session, helped by weaker China data. The fall in the Asian session stalled just ahead of the 100-hour MA (blue line on the chart below). The run higher reached up to 0.5856, before tumbling in the US session. That move lower (higher USD) has now seen the price move below the 200-hour moving average of 0.58278 and the 100-hour moving average at 0.5819 . The low price reaches 0.5803 before bot... Read More
Posted: Oct 31 2023, 18:19
Author Name: forexlive
Views: 112581

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