Thursday, October 15, 2026

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NZD/USD pierces daily cloud base, holds for now

NZD/USD pierces daily cloud base, Empire & US IP miss aid a slight bounce Slip on Fonterra news pressed a bit further in NY, little follow through though Downside risks extant though as RSIs are biased down Above 0.7505/…

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

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  • NZD/USD pierces daily cloud base, Empire & US IP miss aid a slight bounce 

  • Slip on Fonterra news pressed a bit further in NY, little follow through though

  • Downside risks extant though as RSIs are biased down

  • Above 0.7505/10 eases short-term bear pressure, above 0.7575 see new bull leg

  • Support into 0.74 then 0.7300/20, latter break eyes 2015 low

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By FxWirePro Team