Technicals

Add as a preferred source on Google

NZD/USD near session high ahead of Fonterra milk auction

Source: Thomson Reuters NZD/USD near session high ahead of Fonterra milk auction, results due soon Pair pierces 10-DMA on overnight dip , tests TrendLine off Feb low, sympathy lift with AUD NZD/USD could test 55-DMA & da…

1 min read
NZD/USD near session high ahead of Fonterra milk auction
Image from the original EconoTimes article

Read the original article

Source: Thomson Reuters


  • NZD/USD near session high ahead of Fonterra milk auction, results due soon

  • Pair pierces 10-DMA on overnight dip , tests TrendLine off Feb low, sympathy lift with AUD

  • NZD/USD could test 55-DMA & daily cloud on positive result, >0.7610/30 eases bear pressure

  • Bears need sub-0.7410/25 to gain control, long-term trend favors bears

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560