Forex

NZDUSD keeps running. Above 100D MA and 61.8% retracement target. EURUSD\/GBPUSD at highs.

.The NZDUSD performs a jog. Today, the price relocated above and away from the 200 pub MA on the 4-hour graph at 0.6020. It moved above the 100 day MA and the 61.8% retracement at 0.6036 place, and more lately, a swing level going back to early July at 0.60627. The following key target is available in at a crucial MA - the 200 day MA at 0.60859. For traders, the trend is great, however there might be some protection near the 200 time MA at least on the first appearance. Be actually aware.Meanwhile the GBPUSD and EURUSD are each trading at new highs. For the GBPUSD it is fleing from the 50% of the move below the July high at 1.28537 and also over the higher of a swing location at 1.2867. The 61.8% is available in at 1.2898. The EURUSD relocated above teh 1.0963 amount as well as appears toward the 1.1000 level. THe rate is trading at 1.0991. The higher coming from last week arrived at 1.1008 which resided in the center of a swing area from 1.0998 to 1.10164.

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