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NZD/USD pierces cloud, US yield slip slows slide

Monday, March 30, 2015 2:51 PM UTC

Source: Thomson Reuters

NZD/USD pierces 10-DMA & daily cloud top on a broadly bid USD
Slip in US yield slows the pair's slide, but still weighed a bit
Bears have plenty of work to do if they have to gain control
Must clear 55-DMA & cloud base then 0.7370/05 support zone
Trend-Line off March low and lows from Mar 19 & 20 there, if breaks 2015 low back in play

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NZD/USD pierces cloud, US yield slip slows slide

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