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NZDUSD ping pongs between 100-day MA above and 200-day MA below today

The NZDUSD has been trading up and down and up and down today. The most recent move is to the downside, but support buyers came in against its 200-day moving average near 0.61574. The move off of that US session low has been able to find resistance against its 100-hour moving average at 0.61716 which tilts the bias a little bit more in favor of the sellers.On the top side, in the early European session, the price moved higher and approach its 100-day moving average currently at 0.62022. Like aga... Read More

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Nzdusd

Ping

Pongs

Between

100 Day

Above

200 Below

Today

100 day

200 day

Forex

Posted: Jun 27 2023, 18:44

Author Name: forexlive

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