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NZD/USD eye 2015 low, break there eyes 2011 low

  • NZD/USD bears in charge & eye 2015 low, test looks likely for now

  • Fonterra forecast for farmgate milk price season ending May '16 expected later

  • A weak forecast likely hits NZD as chance of RBNZ cut might then be upped

  • Break of 2015 low puts 2011 low in play, break there eyes 2010 low

  • Long upper wick on today's candle & bearish RSIs bolster idea of test

  • Market Data
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