.The NZDUSD is trading in a neutral technological region specified by a series of moving averages.On the topside:100- bar MA on the 4-hour graph at 0.61025200-bar MA on the 4-hour graph at 0.6124 On the disadvantage:200- day MA at 0.6078100-day MA at 0.6064 The current rate sits between those levels at 0.60877 in between those degrees. Neither bull or bear are presenting they want to take charge - just yet. The CPI for the quarter will certainly be actually released on Tuesday in NY at 6:45 PM ET. The estimate is for 0.5% for the QoQ. That launch may be what is actually needed to press the price outside the MA array. Up until then, the price might be confined by the bookend MAs between 0.6064 to 0.61025. In this video, I speak about the technicals in play, as well as summarize what a breather theoretically would seem like. Select the above video recording.