NZD/USD Technical Analysis: Year-to-Date Uptrend Broken

The New Zealand Dollar continues to fall against its US counterpart in the aftermath of the RBNZ interest rate decision, overturning the year-to-date uptrend. A daily close below support at 0.8443, the 50%Fibonacci retracement, exposes the 61.8% level at 0.8350.Alternatively, a reversal above the 38…

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NZD/USD Technical Analysis: Year-to-Date Uptrend Broken

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