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NZD/USD off daily highs after lower dairy auction volume

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 despit…

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NZD/USD off daily highs after lower dairy auction volume
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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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