nzdusd session highs, the price has moved down to test its key 100-day moving average at 0.60624. The price is also testing a swing area at the same level. As a result, there is some stall in the fall today as risk-focused traders buy against the level in hopes of a corrective move back to the upside, even if it is in the short-term. On a break, however, I would expect more selling when sell done then go buy only no more sell
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.