The NZDUSD sitting on the trading fence technically - ConsultFX

The NZDUSD sitting on the trading fence technically

Traders are trying to make up their minds The NZDUSD in US trading, fell below the 200 hour MA (green line in the chart below) and an upward sloping trend line. That should have sent the price lower, but momentum faded and the price rotated back higher (see red shaded area).