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NZD/USD bulls need >0.7715 to reignite rally

Source: Thomson Reuters NZD/USD longs on the edge, March 24 Doji sees two downside days follow and daily RSI roll over key support located at 0.7535/50 zone (daily cloud top, Mar 23 low) If support is broken a deeper cor…

By Jay L. Zagorsky
1 min read
NZD/USD bulls need >0.7715 to reignite rally
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Source: Thomson Reuters


  • NZD/USD longs on the edge, March 24 Doji sees two downside days follow and daily RSI roll over

  • key support located at 0.7535/50 zone (daily cloud top, Mar 23 low) 

  • If support is broken a deeper correction may be due

  • Pair could then test 0.7400 area where TrendLine off Mar low & Mar 20 low sit

  • NZD/USD bulls need >0.7715 to reignite rally 

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