Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

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 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 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.