Friday, October 16, 2026

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NZD/USD eyes resistance at 0.7700/12, dips bought

Source: Thomson Reuters NZD/USD overnight drop halts ~0.7600 support (highs from late Feb/early March) Soft US yields & AUD/NZD's slide from 1.0330/50 zone support pair's lift Bull hammer forms & pair eyes 0.7700/12 resi…

By Jay L. Zagorsky
1 min read
NZD/USD eyes resistance at 0.7700/12, dips bought
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Source: Thomson Reuters


  • NZD/USD overnight drop halts ~0.7600 support (highs from late Feb/early March)

  • Soft US yields & AUD/NZD's slide from 1.0330/50 zone support pair's lift

  • Bull hammer forms & pair eyes 0.7700/12 resistance, dip buyers seen

  • Immediate resistance seen at 0.7712, Jan 21 high, break accelerates rise

  • Pair could then target 0.7885/10 and 0.7890/10 zones 

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By FxWirePro Team