Thursday, October 15, 2026

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NZD/USD new trend low, Kiwi remains flightless after Powell

NZD/USD new trend low as NZD takes it on the chin after Powell's hawkish rant Some market participants likely now targeting 0.6150/0.6200 zone July 2010 low at 0.6795 is next support, might see some profit taking bids in…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • NZD/USD new trend low as NZD takes it on the chin after Powell's hawkish rant

  • Some market participants likely now targeting 0.6150/0.6200 zone

  • July 2010 low at 0.6795 is next support, might see some profit taking bids in front

  • Below 0.6795 sees little major support until May 2010 low at 0.6561

  • Long-Term trend remains bearish though, RBNZ & Fed likely on diverging paths

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By FxWirePro Team