NZDUSD Tests $0.591 as NZ Central Bank Plans Rate Cut

13 Nov

The NZD/USD currency pair remains bearish below $0.604 and could soon test the August low of $0.585 after a brief consolidation.

Article: fxnews.me/nzdusd-tests-0-591-as-nz-central-bank-plans-rate-cut/

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NZDUSD Bear Market Prevails as market expects rate cuts by RBNZ

The NZD/USD downtrend resumed from $0.591, targeting the November low at $0.585 amid expectations of rate cuts from the RBNZ. The outlook of the market remains bearish below the 100-SMA.

Article: fxnews.me/nzdusd-bear-market-prevails-as-rbnz-rate-cut-expectations/