Forex

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

.The NZDUSD is on a run. Today, the rate moved above and off of the 200 bar MA on the 4-hour graph at 0.6020. It moved above the one hundred day MA as well as the 61.8% retracement at 0.6036 area, as well as more just recently, a swing level getting back to early July at 0.60627. The upcoming key target is available in at a key MA - the 200 day MA at 0.60859. For investors, the trend is actually terrific, but there may be some resistance near the 200 time MA at least on the first appearance. Be aware.Meanwhile the GBPUSD and EURUSD are each trading at brand new highs. For the GBPUSD it is leaving from the fifty% of the move down from the July higher at 1.28537 and also over the high of a swing area at 1.2867. The 61.8% can be found in at 1.2898. The EURUSD relocated above teh 1.0963 level as well as appears towards the 1.1000 degree. THe cost is actually trading at 1.0991. The high from last week reached 1.1008 which resided in the center of a swing place coming from 1.0998 to 1.10164.