.The NZDUSD is actually trading in a neutral technical location defined through a set of moving averages.On the topside:100- bar MA on the 4-hour graph at 0.61025200-bar MA on the 4-hour chart at 0.6124 On the disadvantage:200- time MA at 0.6078100-day MA at 0.6064 The existing price rests between those levels at 0.60877 in between those amounts. Neither upward or bear are actually presenting they would like to take charge - just yet. The CPI for the fourth will be actually released on Tuesday in NY at 6:45 PM ET. The estimation is for 0.5% for the QoQ. That release might be what is actually needed to have to drive the cost outside the MA assortment. Until at that point, the rate might be limited by the bookend MAs between 0.6064 to 0.61025. In this video, I discuss the technicals in stage show, and also outline what a breather theoretically would look like. CLICK on the above video clip.