Friday, October 16, 2026

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NZD/USD sees key support at 61.8% fibo

Posted fresh lows near the 61.8% fibo of the 0.7191/0.7698 climb at 0.7385 A break below makes way for a full retracement to the 0.7191 March base (4 year low) Further down there are levels from March 2011 Offer lowered …

By Ian Preston
1 min read
NZD/USD sees key support at 61.8% fibo
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  • Posted fresh lows near the 61.8% fibo of the 0.7191/0.7698 climb at 0.7385

  • A break below makes way for a full retracement to the 0.7191 March base (4 year low)

  • Further down there are levels from March 2011

  • Offer lowered to ahead of yesterday's 0.7511 high

 

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By FxWirePro Team