Contributors Technical Analysis NZD/USD Accelerates The Sell-Off

NZD/USD Accelerates The Sell-Off

The NZD/USD drops further on the short term and is almost to hit the fifth warning line (wl5) of the ascending pitchfork. I’ve said in the previous week that the rate should take out the warning line (wl5) if will reach it. Technically, it should drop further after the retest of the sliding line (sl).

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