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NZDUSD sets the trading boundary. Looks for the next break.

NZDUSD sets the trading boundary. Looks for the next break.
The NZDUSD moved to lowest level since March 13, on Friday, and in the process moved back below the 200 day MA which is moving sideways at 0.6161. The low price reached 0.61253 on Friday and bounced up to 0.6154 before rotated back lower into the Friday close. In trading today the price returned to the low from Friday reaching just below the low at 0.61242 (just 1 pip lower). Selling dried up. Buyers emerged and pushed the price back toward the bounce high on Friday. The price reached 0.6154 n... Read More
Posted: Apr 24 2023, 15:29
Author Name: forexlive
Views: 111567

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