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NZDUSD extends its recent bearish leg Violates 50-day SMA and eyes 200-day SMA Oscillators endorse the recent dive NZDUSD had been in a steep uptrend since its 2023 low of 0.5772, generating consecutive higher highs. However, the advance stalled around the 78.6% Fibonacci retracement of the 0.6536-0.5772 downleg, with the pair experiencing a strong pullback. If bearish […]

The post NZDUSD Plummets Below 50-day SMA appeared first on Action Forex.

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