Mrsam36

nzdusd bearish and bullish for More read the caption

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OANDA:NZDUSD   Dolar New Zealand / Dolar A.S.
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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