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Intraday Analysis – NZD turns lower

Intraday Analysis – NZD turns lower
NZDUSD breaks critical support The New Zealand dollar plunged after the RBNZ put an end to its interest rate hikes. A sweep below the demand zone around 0.6200 was a sign of liquidation, invalidating the rebound over the past two months. Then a close below the double bottom around 0.6100 on the daily chart confirms […] The post Intraday Analysis – NZD turns lower appeared first on Orbex Forex Trading Blog... Read More
Posted: May 25 2023, 06:25
Author Name: orbex
Views: 081430

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