NZDUSD Clocks Fresh 5-Month High; Looks Overbought

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<p>NZDUSD stages a steady recovery from 2023 lows But momentum indicators warn of overbought risks Is there a pullback in sight? NZDUSD has been in a steep uptrend since its 2023 low of 0.5772, generating consecutive higher highs and a V-shaped recovery pattern. However, the latest advance seems substantially overstretched as the RSI has been within its overbought zone for […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533131-nzdusd-clocks-fresh-5-month-high-looks-overbought/">NZDUSD Clocks Fresh 5-Month High; Looks Overbought</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>