NZDUSD sees strengthening bearish momentum in near term

NZDUSD has a negative undertone as the flow is back to the downside following a break below the key 0.6900 level. On the 4-hour chart, the RSI is bearish while the 20 and 50-period moving averages are negatively aligned. The rapid pullback from yesterday¬ís 0.6916 high suggests NZDUSD does not …

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