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NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70

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NZD/USD off daily highs after lower dairy auction volume

Tuesday, February 17, 2015 3:06 PM UTC

Source: Thomson Reuters

Fonterra dairy prices rise 10.1%, volumes lower (-18%)
NZD/USD slips from daily highs, remains firm near Kijun Resistance at 0.7534
DM currencies firm as market expects Greek deal/extension despite harsh rhetoric
NZD/USD resistance at 0.7558 today's high, 50-DMA by 0.7620
Support at 10-DMA by 0.7420, up TrendLine at 0.7371, minor Fib at 0.7345

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NZD/USD off daily highs after lower dairy auction volume

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