Forex technical analysis: NZDUSD loses bullish bias. How come? - ConsultFX

Forex technical analysis: NZDUSD loses bullish bias. How come?

Moves below broken trend line The NZDUSD has lost some of the bullish bias from the prior two days. Yesterday, the pair continued the run higher started on Tuesday and in the process moved above a trend line on the daily and 50% retracement of the move down from the February high (at 0.72949).  That was bullish.