Contributors Technical Analysis NZD/USD RBNZ In Focus

NZD/USD RBNZ In Focus

Price dropped today, but failed to reach the 0.7167 yesterday’s low, signaling that the bulls can step in again on the short term. NZD/USD failed to stay under the 50% retracement level, announcing a minor increase in the upcoming days. However, remains to see how will react tonight after the RBNZ Rate Statement.

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