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FxWirePro: GBP/NZD edges higher but bearish outlook persists

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NZD/USD slides further sub-10DMA

Thursday, March 5, 2015 3:45 PM UTC

Source: Thomson Reuters

NZD/USD slides further, below-10DMA & TrendLine off Feb low
Pair cleared Feb 25 low & RSIs biased down, bear signals upped
Traders lowered stop to 0.7665, break of support near 0.7410/25 will see it lower again
Traders' target remains 0.7315

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NZD/USD slides further sub-10DMA

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