The NZDUSD backs off after new high stalls - ConsultFX

The NZDUSD backs off after new high stalls

Still higher but traders will be eyeing a potential failure The NZDUSD last week, pushed above the March 27th high, moved to the highest level since March 15th. That break failed about 12 hours later. The 0.7301 to 0.7305 became a swing area (see red circles).