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Forex technical analysis: NZDUSD falls on Wheeler comments but rebounds

Discussion in 'Technical Analysis' started by ForexLive, Oct 13, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Dips below 100 day MA. but back above The NZDUSD has moved lower on the back of comments from RBNZ Wheeler ( for headlines). The pair moved below the 100 day MA at the 0.6638 level. The price moved to a low of 0.6616 but is currently trading just above that level as sellers on the headlines near the lows are forced to cover.

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