NZDUSD buyers try to shift the short term bias higher. What next? ...Middle East

The most recent move higher has seen the pair extend back above the high of a swing area floor on the daily chart at 0.5772 and also briefly above the 100-hour MA at 0.5780. Buyers are trying to make a play BUT they need to get and stay above the 100 bar MA to give the buyers more confidence. That is the bare minimum if the buyers are to take back some comfort..

ON a move higher the next target would be at 0.57964 and then the falling 200 hour MA at 0.5814. If the price cannot get above those levels, the sellers are still in play.

This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about nzdusd buyers try to shift the short term bias higher what next was published today ( Monday 16/12/2024 - 10:19 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.

Read More Details
Finally We wish PressBee provided you with enough information of ( NZDUSD buyers try to shift the short term bias higher. What next? )

Also on site :

• Inside the chaos at Canoo, the zero-revenue, cash-burning EV company that just inked a major deal with Walmart
• Zelensky’s inner circle accused of war profiteering
• Rolling Stones Mick Jagger, Keith Richards, and Ronnie Wood Have the Time of Their Life on the Red Carpet