Thursday, October 15, 2026

Technicals

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NZD/USD squeeze risk upped, daily RSI turn up

NZD/USD sets new low Wed as bear channel base pierced & July 2010 low neared Today sees upside follow through & daily RSI turn up, squeeze risk upped Long-Term trend remains bearish Offers in 0.6900/40 zone, above Jun 19…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • NZD/USD sets new low Wed as bear channel base pierced & July 2010 low neared

  • Today sees upside follow through & daily RSI turn up, squeeze risk upped

  • Long-Term trend remains bearish 

  • Offers in 0.6900/40 zone, above Jun 19 high & 10-DMA stops likely

  • Bear channel top likely if run test of 0.7010/25 zone 

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