.The NZDUSD is trading in a neutral technical place defined through a set of moving averages.On the topside:100- club MA on the 4-hour graph at 0.61025200-bar MA on the 4-hour graph at 0.6124 On the disadvantage:200- time MA at 0.6078100-day MA at 0.6064 The existing price sits in between those levels at 0.60877 in between those degrees. Neither upward or even bear are actually presenting they want to take charge - just yet. The CPI for the quarter will definitely be discharged on Tuesday in NY at 6:45 PM ET. The estimate is for 0.5% for the QoQ. That release may be what is needed to drive the price outside the MA range. Until after that, the rate might be confined by the bookend MAs in between 0.6064 to 0.61025. In this particular video clip, I speak about the technicals in stage show, as well as outline what a break technically would resemble. Select the above video clip.