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Forex technical analysis: NZDUSD finds buyers at 200 hour MA

Discussion in 'Technical Analysis' started by ForexLive, Apr 21, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Traders leaning....Can it hold? The lean is on against the 200 hour MA for the NZDUSD. The pair has been coming off since peaking on Tuesday after higher Global Dairy Trade auction prices. The dollar buying today has sent the pair down to the MA support level where there has been some profit taking.

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