NZDUSD got another rejection near the 0.6300 round-level last week, drifting lower to retest the 200-day simple moving average (SMA) around 0.6158 ahead of New Zealand’s quarterly CPI inflation data. The focus will remain on the downside as the RSI has returned to the bearish region, and the MACD has slipped into the negative area, both suggesting […]
The post NZDUSD Range Bound Ahead of Quarterly CPI appeared first on Action Forex.
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