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NZD/USD bulls ignore milk results, push further as soft USD drives

Source: Thomson Reuters NZD/USD bulls ignore results & push further, was bid before results Fonterra milk auctions results show GDT PI -3.6% & WMP -4.3% Pair hits 0.7564 high as lifts further above the daily cloud top RS…

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NZD/USD bulls ignore milk results, push further as soft USD drives
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Source: Thomson Reuters


  • NZD/USD bulls ignore results & push further, was bid before results  

  • Fonterra milk auctions results show GDT PI -3.6% & WMP -4.3%

  • Pair hits 0.7564 high as lifts further above the daily cloud top

  • RSIs are biased up, momentum with bulls for now

  • Next resistance at 0.7600/30, a series of daily highs from early April there

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