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NZDUSD returns to a cluster of MAs including the 100 hour MA, 200 hour MA and 200 day MA

The NZDUSD is closing today higher. The currency pair is up 0.70%. The move to the upside saw the pair extend above 3 separate moving averages100-hour moving average at 0.6198200-hour moving average of 0.62089200-day moving average of 0.62215. The high price reached 0.62246. That was still short of a downward-sloping trendline and the 50% midpoint of the trading range since June 29. In the new trading day, getting above the 200-day moving average at 0.62215, and the 50% midpoint/trend line at 0... Read More

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Posted: Jul 31 2023, 19:51

Author Name: forexlive

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