Thursday, October 15, 2026

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NZD/USD key resistance falls at $0.6750, intraday bias remain bearish

Pair fell 0.63% to $0.6661 on Friday from $0.6715 at the close of trade in New York on Thursday. New Zealand's S&P/NZX 50 index sank 1.16% to 5,917.36 points by mid afternoon in Wellington. A daily close above $0.6750 wi…

By Earlence Fernandes
1 min read
NZD/USD key resistance falls at $0.6750, intraday bias remain bearish
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  • Pair fell 0.63% to $0.6661 on Friday from $0.6715 at the close of trade in New York on Thursday.
     
  • New Zealand's S&P/NZX 50 index sank 1.16% to 5,917.36 points by mid afternoon in Wellington.
     
  • A daily close above $0.6750 will turn the bias slightly bullish.
     
  • Alternatively, current down fall will take the parity towards $0.65 marks.
     
  • Initial support levels are seen at $0.6621, $0.6529 and $0.6472 levels.
     
  • On the other side, resistance levels are seen at $0.6750, $0.6826 and 0.6919 levels.

We prefer to take short position in NZD/USD around $0.67, stop loss at $0.6750 and target $0.6529 levels. 

 

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By FxWirePro Team