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NZD/USD falls as RBNZ/FOMC headwinds extend

NZD falls through 0.7255 offshore low to fresh post 3 Feb low of 0.7242 Pair's move aligned with USD ticking into positive territory vs DXY's NY close AUD tailed-off but less, sets AUD/NZD above 1.0500 NZD drawn towards …

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  • NZD falls through 0.7255 offshore low to fresh post 3 Feb low of 0.7242

  • Pair's move aligned with USD ticking into positive territory vs DXY's NY close

  • AUD tailed-off but less, sets AUD/NZD above 1.0500

  • NZD drawn towards 0.7177 post Mar 11 cycle low weighed by RBNZ/FOMC

  • Intermediate support prior at 0.7215 end Jan 

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560