Friday , 22 November 2024
Home Forex NZD/USD Price Analysis: Breach of 20-day SMA support opens door to further declines
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NZD/USD Price Analysis: Breach of 20-day SMA support opens door to further declines

On Wednesday, the NZD/USD dropped, losing more than 0.70% to 0.6080, obliterating its support at the 20-day Simple Moving Average (SMA), which was regained last week and tainted the outlook with red.

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