NZDUSD Corrects Lower But 200-day SMA Curbs Retreat

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<p>NZDUSD experiences a sharp pullback from its 4-month peak But the 200-day SMA acts as a strong floor for now Momentum indicators deteriorate but remain in positive areas NZDUSD had been staging a solid rebound from its 2023 low of 0.5772, peaking at a fresh four-month high of 0.6221 in early December. Since then, the pair retraced […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/531538-nzdusd-corrects-lower-but-200-day-sma-curbs-retreat/">NZDUSD Corrects Lower But 200-day SMA Curbs Retreat</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>