The NZDUSD started the week under pressure, with the move lower beginning near the 200-時間移動平均, which sat at 0.6061 at the time. Monday's high reached 0.6058, but sellers leaned against that level, triggering a move to the downside. The decline extended into Tuesday and Wednesday, with the pair 50% の retracement を下回る of the May low-to-June high rally, which comes in at 0.5982. While the pair traded below that key level on 3 つの別々の機会, including a 水曜日の安値 0.5975, it failed to build sustained momentum below the midpoint.

A rebound began midweek, with the price climbing to a high of 0.6042 early in Friday’s Asian session—once again just shy of the now-lower 200-時間移動平均 0.6044. Interestingly, the week 始まりと終わり with sellers leaning against the 200-hour MA, 来週に向けてそのレベルの技術的重要性を高めます. Keep that moving average in mind into next week's trading.

The latest leg lower today initially found support near the 100-時間移動平均 0.6006 (blue line), but over the past several hours, the pair has been そのレベルの上下を浮く, signaling a market in pause mode as it digests recent moves.

Heading into next week, the 100-MA は短期的なバロメーターとして機能します for bias. A 100 時間の MA から跳ね返る could refocus attention on the 200-hour MA as key resistance near 0.6036 — 0.6044. On the flip side, a 勢いで 100 時間 MA を下回る opens the door back toward 0.5982 (50% retracement) and 0.5975 (weekly low).

While 売り手は優勢に this week, especially with the pair spending most of the time below the 200-hour MA, バイヤーは決意を示した at the 50% level. With price now caught in between, the 戦線が描かれ at the moving averages. Traders will be watching for a break to determine the next directional push.