Friday, October 16, 2026

Technicals

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NZD/USD sideways movement, eyes on US NFP job data

US NFP's has traders sidelined with looming end week added dampener Fitch says run of low milk prices impairs banks asset quality for NZD RBNZ has flagged systemic risk as highly leverage farms cash flow turns negative I…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • US NFP's has traders sidelined with looming end week added dampener

  • Fitch says run of low milk prices impairs banks asset quality for NZD

  • RBNZ has flagged systemic risk as highly leverage farms cash flow turns negative

  • Initial support is seen at 0.7103 and resistance at 0.7170 levels

 

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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