Яндекс.Метрика NZDUSD tests 200 hour MA – Technologies of the future for life!
Home / Forex Treiding / NZDUSD tests 200 hour MA

NZDUSD tests 200 hour MA


  • share

Has not been above the MA since March 27th

The NZDUSD is up testing its 200 hour MA at 0.67666. The price has not been above that MA since March 27th. On that day, the RBNZ shifted bias to the more dovish.  Of course the MA is lower than it was on that day, but it remains a bias level for bulls/bears. Move above would be more bullish.  Stay below keeps the sellers more in control.  

ForexLive

About SkyNET

Leave a Reply

Your email address will not be published. Required fields are marked *