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NZDUSD halts decline at 61.8% Fibonacci

NZDUSD halts decline at 61.8% Fibonacci
NZDUSD has been in a steep decline after peaking at the five-month high of 0.6410 in July. However, the pair has managed to temporarily pause its retreat following its bounce off 0.5902, which is the 61.8% Fibonacci retracement of the 0.5510-0.6536 upleg. The short-term oscillators currently suggest that positive momentum is picking up but bearish forces remain […] The post NZDUSD halts decline at 61.8% Fibonacci appeared first on Action Forex... Read More
Posted: Aug 23 2023, 09:08
Author Name: actionforex
Views: 102582

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