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NZD/USD bull sentiment upped on key resistance break

Monday, March 23, 2015 12:18 PM UTC

Source: Thomson Reuters

NZD/USD bull sentiment likely upped as pair clears 0.7630 key resistance overnight
Soft US yields & solid Westpac NZ consumer confidence aid pair's lift
NZD Short covering & AUD/NZD slump near 1.0220 alao a big boost
Pair could eye 0.7780/10 on upward biased RSIs and hold >55-DMA & daily cloud
38.2 Fib of 0.8835-0.7174 and Jan 19 & 20 highs in that zone
Below 0.7550 eases short-term bull pressure

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NZD/USD bull sentiment upped on key resistance break

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