Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

NZD/USD bulls are elated, 0.7520/35 is critical

  • NZD/USD rising post-FSR lows, 10-DMA & cloud top pierced

  • Bull engulfing candle forms & daily RSI diverges, bulls are elated

  • 0.7520/35 zone is decent resistance, 55-DMA, May 11 high & 50% Fib of 0.7744-0.7318 drop sit there

  • If cleared likely see 0.7740/50 & 200-DMA tested, long-term chart still a bit bearish though 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.