NZDUSD falls below trend line. Can it get and stay below the 100 hour MA - ConsultFX

NZDUSD falls below trend line. Can it get and stay below the 100 hour MA

The break on Tuesday, failed on the break The NZDUSD is trading at new session lows and in the process has moved below a trend line at 0.7033. That's bearish. What would increase the bearishness technically is a break below the 100 hour MA at 0.7026. The market is testing that level now.