The NZDUSD retraces and tests MA/March highs

Looking at the daily chart, the pair moved above the March high at 0.73538. The price has closed above that March high over the last 4 trading days. Today, the low stalled against that old high (so far). A move below should solicit selling.

On the hourly chart, the level is magnified from a technical perspective by the 100 hour MA. That MA comes in at 0.73559 – a couple pips away from the March high.  

Move below the old March high, and the 100 hour MA, and the buyers may start to lighten up into the weekend.