1. Hello Guest Click here to check FX Binary Point Financial Directory

NZDUSD scoots higher on break of 100 hour MA

Discussion in 'Technical Analysis' started by ForexLive, Sep 3, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    First close above 100 hour MA since August 24th The NZDUSD broke above the 100 hour MA (blue line in the chart below), and the move has led to a scoot higher in the pair. The 100 hour MA comes in at the 0.6371 level. The price peaked at 0.6401 so far (hmmmm. you worry a little about those highs near a big figure like 0.6400 but...).

    Continue reading...

Share This Page