Stepping higher and holding support

The NZDUSD has moved higher over the last couple days. The price action can be choppy.

The RBNZ was in play on one day.

Technically, the picture shows:

  • A trend line held (see green circles). The price rose.
  • The 100 hour MA held (blue line). The price rose.
  • A ceiling became a floor and is holding (red circles). The price is rising.

Stay above the red circles now and the next targets come into play at 0.7297 and 0.7318.

Holding and rising. That is what the NZDUSD is doing.