The New Zealand dollar treads water as Q2 retail sales numbers disappoint. The pair is grinding the demand zone (0.6150) from a bullish breakout in mid-July. A bullish RSI divergence shows a deceleration in the sell-off and could pave the way for a rebound. A close above the support-turned-resistance at 0.6240 would act as a […]

The post NZD/USD Struggles to Bounce appeared first on Action Forex.