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NZD/USD sees major resistance at 0.7500

  • Pair rose to 0.7547 overnight, retracement to 0.7387 in Europe

  • Buying interest is fading, ample resistance in 0.75s to limit upside gains

  • 0.7508 55 DMA, 0.7534 cloud top (also broken 50% fibo) , 0.7547 Wed high

  • Underlying bearish setup still holds

  • Sell signal likely to be generated from slow stochs' negative cross

 

  • Market Data
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