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NZDUSD returns to a cluster of MAs including the 100 hour MA, 200 hour MA and 200 day MA

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In this analysis, we closely observe the NZDUSD's recent price movement, which has led the currency pair back to a cluster of important moving averages (MAs). Specifically, the 100-hour MA, 200-hour MA, and 200-day MA converge at this critical point.

Join us as we discuss the significance of these MAs and explore how they will serve as the key barometer for the new trading day. Stay informed and make well-informed trading decisions in the dynamic forex market with our technical analysis.
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Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
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