Thursday, October 15, 2026

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FxWirePro: NZD/USD holds above 10-DMA support at 0.6728, bias lower

NZD/USD was rejected at day's high by 0.6769, and has slipped lower to currently trade at 0.6737 levels. 10-DMA at 0.6728 is strong support for the pair, breaks below could see downside resume. Momentum studies are beari…

By FxWire Pro
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FxWirePro: NZD/USD holds above 10-DMA support at 0.6728, bias lower
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  • NZD/USD was rejected at day's high by 0.6769, and has slipped lower to currently trade at 0.6737 levels.
     
  • 10-DMA at 0.6728 is strong support for the pair, breaks below could see downside resume.
     
  • Momentum studies are bearish, daily Stochs and RSI are biased lower.
     
  • Our short call (http://www.econotimes.com/FxWirePro-NZD-USD-sees-strong-resistance-at-06870-good-to-sell-rallies-181819) is progressing. We advise holding for targets.
     
  • China's manufacturing PMI and US non-farm payrolls at the start of April as next likely catalysts for the pair. 
     
  • Later in the week US durable goods (Thursday) and Q4 GDP (third estimate) (Friday) will also be in focus for further direction in the pair.
     

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