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NZD/USD lower highs emerging, 10-DMA limits gains

Thursday, June 4, 2015 1:39 PM UTC

NZD/USD continues to range near recent lows, lower highs emerging
Bears need a solid US jobs report followed by dovish RBNZ next week
Dropping 10-DMA exerts some influence in keeping gains limited
If starts align for bears long-term slide to resume & new trend lows to be set
Monthly lows near 0.6945 & 0.6790 then eyed, 2010 low eyed by long-term bears

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NZD/USD lower highs emerging, 10-DMA limits gains

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