The rising 100-hour MA at 0.6037
The 200-hour MA at 0.6015
Despite the bullish structure, the recent series of lower highs is flashing a caution signal. For upside momentum to continue, bulls will need to break above those lower highs at 0.6040, 0.6064 and then the high from last week and highest level going back to October 2024 at 0.60794.
A break above resistance would invite fresh upside interest.
? Keep your eyes on price behavior near the highs—this could be the next launching point… or a sign of exhaustion.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about nzdusd buyers in control but a warning sign lingers was published today ( ) 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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