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Forex technical analysis: NZDUSD is another one of those pairs that is non trending

Discussion in 'Technical Analysis' started by ForexLive, May 17, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Better Global Dairy Trade prices send pair higher but rally stalls ahead of resistance The NZDUSD has traded up and down today. In the NA session the pair was helped by higher GDT auction results. The pair's price got close to a ceiling at the 0.6847 area and stalled. The price has since moved back down to the 100 and 200 hour MA lines.

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