Source: Thomson Reuters
- NZD/USD 50 Fib of 0.7611-0.7191, 10-DMA & March 13 (0.7400/10)
- Positioning driven short squeeze gets boost from soft US econ data
- Daily RSI biased up, won't impede further gains
- Pair eyes March 12 high & 61.8 Fib if >0.7410 the daily cloud base
- Break above two likely sees stops run & accelerates squeeze, 55-DMA 7 cloud top then eyed
