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NZD/USD struggles to strengthen

Thursday, March 26, 2015 5:15 AM UTC

NZD struggling to strengthen after initial sub at 0.7570
Heightened risk aversion offshore stoked by developments in the Gulf
Potential for safe-haven flows into USD now working to prevent NZD bounce
Daily close seen sub-0.7630 100-DMA
Major support seen at 0.7534 50% retrace of 0.7890/0.7177
0.7534 50% retrace of 0.7890/0.7177 Jan/Feb decline next sup, 100-DMA as resistance

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NZD/USD struggles to strengthen

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