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NZD/USD hits new short-term trend high, key resistance at 0.7565/75

NZD/USD pierces 55 DMA & 50 Fib of 0.7744-0.7318, hits new short-term trend high Some gains pared as USD bounces & commodity lifts stall, offers in 0.7565/75 zone loom & aid pullback Day RSI biased up, long lower wick on…

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  • NZD/USD pierces 55 DMA & 50 Fib of 0.7744-0.7318, hits new short-term trend high 

  • Some gains pared as USD bounces & commodity lifts stall, offers in 0.7565/75 zone loom & aid pullback

  • Day RSI biased up, long lower wick on month candle, zone break possible

  • If cleared suggests return to 0.7740/50 zone & 200-DMA

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