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NZDUSD breaks 100/200 day MA after week dairy auction

Discussion in 'Technical Analysis' started by ForexLive, Mar 15, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    MAs at 0.6634 and 0.6621 repectively The GDT auction prices were down -2.9% and that has sent the price of the NZDUSD below the 100 day MA and the 200 day MA at 0.6634 and 0.6621 respectively. The low from last week at 0.66178 was also taken out. Traders will be eyeing the aforementioned levels as resistance now. The low from March 2nd comes in at 0.6592 and the March low at

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