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 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