Lots of ups and downs in July

The NZDUSD is lower with the general dollar strength today. IN the process, the pair is moving closer to the pair's 100 and 200 hour MAs. Those come in at 0.6774 and 0.6776 respectively. Be aware. There should be support against the moving average levels (blue and green lines).

The pair has been moving up and down in July. So, if the MAs were busted, we should not be too much of a surprise.

Nevertheless, I still respect the MAs and if it does hold, more upside might unfold. The price will need to get and stay above the 0.68025