NZD/USD Two Scenarios Likely

<p>On Friday, the New Zealand Dollar declined by 70 pips or 1.18% against the US Dollar. The decline began after the exchange rate tested a resistance cluster formed by the 50– and 200– hour SMAs at 0.5917. The currency pair is currently testing a resistance cluster formed by the weekly pivot point and the combination […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/285498-nzd-usd-two-scenarios-likely-10/">NZD/USD Two Scenarios Likely</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>