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NZD/USD down on the day, techs flash warnings

Source: Thomson Reuters NZD/USD fails a second time to break 0.7575/85 overnight Pair down on the day, techs flash warnings for short-term bulls Daily RSI rolls over and the falling 55-DMA might be exerting pressure Clos…

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NZD/USD down on the day, techs flash warnings
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Source: Thomson Reuters


  • NZD/USD fails a second time to break 0.7575/85 overnight 

  • Pair down on the day, techs flash warnings for short-term bulls

  • Daily RSI rolls over and the falling 55-DMA might be exerting pressure

  • Close below -0.7501 bolsters bearish tone, could see tests near 0.74 & 0.73

  • Above key 0.7605/25 resistance required to ease long-term bear pressure

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