NZDUSD runs into MA resistance and stalls

The NZDUSD and AUDUSD also got boosts off the hopes for US/China trade agreement.

For the NZDUSD the price moved from 0.6744 to a a high of 0.6786. At 0.6784 sits the 200 hour MA and the 200 day MA. The 50% of the move down is also near the level. Sellers leaned.

For the AUDUSD, the price surged above its 100 day MA and 200 hour MA (see earlier post) at 0.7174-778. The price surged to a high of 0.7221 before coming back toward the 100 hour MA at 0.71893.