Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

NZD/USD below daily cloud & RSIs biased down

  • NZD/USD 10-DMA caps, pair sub-daily cloud & RSIs biased down

  • Immediate support into 0.7390/00 then 0.7360, May 13 low then eyed

  • Break of latter accelerates recent slide & 2015 low then back in play, above 0.7575 eases bear pressure 

  • NZ PM Key's cap gains tax on property sales within two years of buy also weighs 

  • Action has market think chance of RBNZ rate cut is upped

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.