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NZD/USD tests hourly resistance ~0.7565/75, Fonterra results boost

Source: Thomson Reuters NZD/USD tests hourly resistance ~0.7565/75 after latest Fonterra milk auction results Pair dips on WMP result but holds on to most gains Above 0.7575 sees next resistance in the 0.7600/10 area Sub…

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NZD/USD tests hourly resistance ~0.7565/75, Fonterra results boost
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Source: Thomson Reuters


  • NZD/USD tests hourly resistance ~0.7565/75 after latest Fonterra milk auction results

  • Pair dips on WMP result but holds on to most gains 

  • Above 0.7575 sees next resistance in the 0.7600/10 area

  • Sub-0.7525/30 required to ease immediate bull pressure

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