Forex technical analysis: NZDUSD holds 200 day MA and 100 hour MA and runs higher - ConsultFX

Forex technical analysis: NZDUSD holds 200 day MA and 100 hour MA and runs higher

The break above ceiling at 0.7129 also gives the pair a boost. The NZDUSD fell off the better US data today, but the fall could not break below the converging 200 day MA and 100 hour MA (near 0.7100 level), and the buyers took the price back higher. More recently, a move above the week's highs Copyright 2015 Forexlive.com