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NZDUSD up today, but stalls near 38.2% of the May trading range

NZDUSD up today, but stalls near 38.2% of the May trading range
The NZDUSD moved higher today based on the lows against a swing area near the 0.60829 level before moving to the upside and breaking outside of what has been an up-and-down trading range until today (largely under the 0.6100 level). The move to the upside today did extend the range for the week and moved up to test the 38.2% retracement of the May trading range. The retracement level came in at 0.61367 and that's where the price stalled. If the buyers are to take more control, getting above the... Read More
Posted: Jun 9 2023, 18:48
Author Name: forexlive
Views: 092018

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