Thursday, October 15, 2026

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NZD/USD struggles to get off the canvas

NZD still seen struggling to rebound anchoring c0.7475/80 Net result NZD at lowest level since 16/2, anticipated cross seeks 1.04 grip Broadly bid USD coincided and worsened the move Next support is 0.7461 30-DMA, 0.7449…

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • NZD still seen struggling to rebound anchoring c0.7475/80

  • Net result NZD at lowest level since 16/2, anticipated cross seeks 1.04 grip

  • Broadly bid USD coincided and worsened the move

  • Next support is 0.7461 30-DMA, 0.7449 38.2% Fib Jan/Feb decline thereafter 

 

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By FxWirePro Team