NZDUSD Weighs on Key Support Base as Sellers Step Up

NZDUSD is tracing the lower Bollinger band and is just shy of retesting the 16-month low of 0.6528, which is the upper border of the critical 0.6487-0.6528 foundation, moulded by the troughs over the mid-July until end of September 2020 period. The rolling over of the 50-day simple moving average (SMA) is hinting that downward […]

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