NZDUSD pops on GDT auction price results.

Pops up to 200 hour MA/38.2% retracement area.

The NZDUSD got a pop on the better GDT price results. The pair has just moved above the 200 bar MA on the 5 minute chart (green line in the chart below). That level comes in at the 0.6791 level. This is now support for the pair.

The 200 hour moving average comes in at 0.6808 and that is the next target to get to and through above that is the 38.2% retracement of the move down from yesterday's high to the low reached today.