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NZD/USD risking cross buy-back

NZD struggles to break topside technical resistance c0.7530/35 peaking at 0.7528 Headwind made through oversold AUD/NZD market cutting exposures Delayed RBA OCR cut opens way for cross to recover but Fonterra/GDT a risk

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  • NZD struggles to break topside technical resistance c0.7530/35 peaking at 0.7528

  • Headwind made through oversold AUD/NZD market cutting exposures

  • Delayed RBA OCR cut opens way for cross to recover but Fonterra/GDT a risk 

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560