NZDUSD runs into MA resistance and stalls
The NZDUSD and AUDUSD additionally received boosts off the hopes for US/China commerce settlement.
For the NZDUSD the worth moved from zero.6744 to a a excessive of zero.6786. At zero.6784 sits the 200 hour MA and the 200 day MA. The 50% of the transfer down can also be close to the extent. Sellers leaned.
For the AUDUSD, the worth surged above its 100 day MA and 200 hour MA (see earlier put up) at zero.7174-778. The worth surged to a excessive of zero.7221 earlier than coming again towards the 100 hour MA at zero.71893.