The New Zealand dollar continues southward amid a lack of demand for risk-sensitive currencies. Sentiment turned bearish after price action failed to hold above this year’s low at 0.6530, invalidating a two-month-long recovery. The pair is heading to a 22-month low at 0.6390. An oversold RSI may prompt short-term sellers to cover, driving up the […]
The post NZD/USD Dips into Bearish Zone appeared first on Action Forex.
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