Has not been above the MA since March 27th
The NZDUSD is up testing its 200 hour MA at 0.67666. The price has not been above that MA since March 27th. On that day, the RBNZ shifted bias to the more dovish. Of course the MA is lower than it was on that day, but it remains a bias level for bulls/bears. Move above would be more bullish. Stay below keeps the sellers more in control.
