Forex technical analysis: NZDUSD runs higher, but stalls at trend line resistance - ConsultFX

Forex technical analysis: NZDUSD runs higher, but stalls at trend line resistance

At least it broke away from the 200 hour MA The NZDUSD spent 9 hours trading above and below the 200 hour MA and the 50% retracement. The 10th hourly bar trader below both.  The price must be going lower, right?. There is a change and it is to the downside.   Copyright 2015 Forexlive.com