Thursday, October 15, 2026

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FxWirePro: NZD/USD upside halts shy of 20-DMA resistance, upside only on break above

NZD/USD is extending upside after brief pause on Thursday. Techs favour upside, momentum studies are bullish, we see scope for further gains. But upside on the day halts shy of stiff 20-DMA resistance at 0.7133. The pair…

By FxWire Pro
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FxWirePro: NZD/USD upside halts shy of 20-DMA resistance, upside only on break above
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  • NZD/USD is extending upside after brief pause on Thursday. 
     
  • Techs favour upside, momentum studies are bullish, we see scope for further gains.
     
  • But upside on the day halts shy of stiff 20-DMA resistance at 0.7133.
     
  • The pair has retreated from highs of 0.7129 to slip below 0.71, currently trades around 0.7099.
     
  • We see weakness only below 0.7029 (50-DMA), violation there could take the pair to trendline at 0.6950.
     
  • On the upside break above 20-DMA at 0.7137 opens upside upto 0.73 levels.
     

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