NZDUSD is extending higher today, though still short of Monday’s highs at 0.5740. The high reached 0.5737.
Technical signals suggest buyers are maintaining control.
As long as NZDUSD holds above the 100-bar MA, the near-term bias remains tilted to the upside. A push higher will bring the 100-day MA at 0.5756 into focus—clearing and holding above this level would strengthen the bullish outlook and signal further upside potential.
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( The NZDUSD buyers use moving averages as support this week. They are trying to bounce. )
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