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NZD/USD heavy, pares overnight gains

Source: Thomson Reuters NZD/USD heavy on persistent USD bid, pares overnight gains 10-DMA & April 16 low nearby, a break there eyes the daily cloud top Sub-0.7645 might see some recent longs exit, could test 0.7570/80 NZ…

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NZD/USD heavy, pares overnight gains
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Source: Thomson Reuters


  • NZD/USD heavy on persistent USD bid, pares overnight gains 

  • 10-DMA & April 16 low nearby, a break there eyes the daily cloud top

  • Sub-0.7645 might see some recent longs exit, could test 0.7570/80 

  • NZ CPI miss adds weight, Friday shooting star candle still valid

  • Sub -0.7390 dents short-term rally  

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