The Traderszone Network

Published in TZ Latest News 19 October, 2017 by The TZ Newswire Staff

Forex technical analysis: NZDUSD getting hammered and below the 100 week MA now

Weekly chart in play
The NZDUSD has been hammered on the news of the coalition news overnight (see Mike’s ).
posts here
Technically, the pair broke below the 200 hour MA and 50% retracement on the hourly chart way up at 0..7123 area (green line in the chart above).   Prior to that at the highs today, the pair