Thursday, October 15, 2026

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NZD/USD sees solid resistance

55 DMA and the 61.8% fibo at 0.7618 are close and may weigh on profit Cloud is thin so offers little resistance but stays bearish Short trades are in play targeting 0.7315 Trend studies are overbought Prices need to clea…

By Meredith J C Warren
1 min read
NZD/USD sees solid resistance
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  • 55 DMA and the 61.8% fibo at 0.7618 are close and may weigh on profit

  • Cloud is thin so offers little resistance but stays bearish

  • Short trades are in play targeting 0.7315

  • Trend studies are overbought

  • Prices need to clear the 10 DMa to gain confidence in bears again

 

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