Friday, October 16, 2026

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NZD/USD pierces cloud, US yield slip slows slide

Source: Thomson Reuters NZD/USD pierces 10-DMA & daily cloud top on a broadly bid USD Slip in US yield slows the pair's slide, but still weighed a bit Bears have plenty of work to do if they have to gain control Must cle…

By Jay L. Zagorsky
1 min read
NZD/USD pierces cloud, US yield slip slows slide
Image from the original EconoTimes article

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Source: Thomson Reuters


  • NZD/USD pierces 10-DMA & daily cloud top on a broadly bid USD

  • Slip in US yield slows the pair's slide, but still weighed a bit

  • Bears have plenty of work to do if they have to gain control

  • Must clear 55-DMA & cloud base then 0.7370/05 support zone

  • Trend-Line off March low and lows from Mar 19 & 20 there, if breaks 2015 low back in play 

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