AUDUSD and NZDUSD extended higher but the falling 100 hour MA got in the way. What next? ...Middle East

The AUDUSD and NZDUSD is extending higher, but the falling 100 are moving averages on each is getting in the way of any upside momentum. For the AUDUSD the price extended briefly above that moving average but quickly rotated back to the downside. That moving average comes in at 0.65539. Getting above that level would be more bullish in trading today. However, the price is lower currently trading near 0.6535 and looking to test the 61.8% retracement of the move up from the April low. That level comes in at 0.6528. For the NZDUSD, it too looked to test the 100 hour MA (for it at 0.58967). Sellers leaned near the level and rotated the pair back down. The low reached 0.5882. The price is sti

Hence then, the article about audusd and nzdusd extended higher but the falling 100 hour ma got in the way what next was published today ( Tuesday 30/07/2024 - 04:40 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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