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NZD/USD holds support near 0.7600

Source: Thomson Reuters


  • NZD/USD multiple tries to crack support ~0.7600 fail, dip buyers lurking

  • If no break lower soon market will take another run at 0.7700/15 resistance

  • NZD/USD could accelerate recent rally & 0.7880/00 will be in play if it breaks above resistance

  • Monthly RSI bullish and bull hammer in place for now

  • Above 0.8030/50 needed to put bear trend from 2014 high in doubt

  • Market Data
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