NZDUSD trades to new session highs, but let's not get to excited.

Technical Analysis

Author: Greg Michalowski | nzdusd

Trades back above the 100 hour MA. Tilts bias a little higher.  

Not to get too excited, but the NZDUSD has moved back above its 100 hour MA at 0.65239 level. The price has been trading above and below that MA over the last 8 or so hours with a narrow trading range of 0.6516 to 0.6530. So let's not get too excited. 

However, it is a new session high for the new trading day.



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