Friday, October 16, 2026

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NZD/USD - NZD struggling to bounce with AUD under concerted selling pressure

NZD from 0.7535 to sub-figure post China trade report, sits 0.7484/86 Weaker than expected outcome drew dormant NZD sellers off sidelines Prior focus was on AUD as profit takers booked outperformance World bank trims Chi…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • NZD from 0.7535 to sub-figure post China trade report, sits 0.7484/86

  • Weaker than expected outcome drew dormant NZD sellers off sidelines

  • Prior focus was on AUD as profit takers booked outperformance

  • World bank trims China growth f/c 0.1% to 7.1% in 2015, 7.0% in 2016

  • Major support at 0.7457 and resistance at 0.7540

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team