Thursday, October 15, 2026

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NZD/USD bounces getting shallow, RSIs biased down

Bears eye confluence of key techs in the 0.6855/65 zone New lows have been made recently and bounces have been seen Bounces getting shallow & RSIs biased down so bear risks remain 50 Fib of 2009-11 rally, monthly cloud b…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Bears eye confluence of key techs in the 0.6855/65 zone 

  • New lows have been made recently and bounces have been seen

  • Bounces getting shallow & RSIs biased down so bear risks remain

  • 50 Fib of 2009-11 rally, monthly cloud base & channel base off Apr high there

  • Break of zone encourages bears, test of 2010 low then likely

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