NZDUSD falls to new session lows.
Lowest since December 18
The NZDUSD fell to a new session low and in the process is trading at the lowest level since December 19. The pair is also falling below the 200 bar MA on the 4-hour chart for the first time since November 13 at 0.6594 and the 38.2% of the move up from the November 8 low at 0.65887. The price just reached 0.6584. The price has not traded below the 200 bar MA sinceNovember 11th.
The AUDUSD is also moving to a new session low and also dipped below its 200 bar MA on the 4-hour chart as well at 0.68809. The low reached 0.65767.