Friday, October 16, 2026

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NZD/USD sees major resistance at 0.7500

Pair rose to 0.7547 overnight, retracement to 0.7387 in Europe Buying interest is fading, ample resistance in 0.75s to limit upside gains 0.7508 55 DMA, 0.7534 cloud top (also broken 50% fibo) , 0.7547 Wed high Underlyin…

By Ian Preston
1 min read
NZD/USD sees major resistance at 0.7500
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  • Pair rose to 0.7547 overnight, retracement to 0.7387 in Europe

  • Buying interest is fading, ample resistance in 0.75s to limit upside gains

  • 0.7508 55 DMA, 0.7534 cloud top (also broken 50% fibo) , 0.7547 Wed high

  • Underlying bearish setup still holds

  • Sell signal likely to be generated from slow stochs' negative cross

 

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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

By FxWirePro Team