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

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 bea…

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EconoTimes — Reading the Times. Understanding the Future.

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  • 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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