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.Hence then, the article about the nzdusd buyers use moving averages as support this week they are trying to bounce 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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