200 day MA at 0.71036. 50% retracement at 0.70959
The NZDUSD is threatening to close above its 200 day MA at the 0.71036. The price has not closed above the MA level since February 28th, 2017. The 50% of the move down from the Feb 2017 high comes in at 0.70959. The area represents a key line in the sand technically for the pair. A close above is more bullish. A close below keeps the bears more in control. The price currently trades at 0.7099.
Forex technical analysis: NZDUSD threatens a close above the 200 day MA, but sellers are leaning
