The (NZDUSD) price continued the decline in its last trading on the intraday trading, breaking 0.5650 support, which represents our expected target in our previous analysis, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside trendline, on the other hand, we notice that the relative strength indicators reached oversold levels, which might reduce the losses in the upcoming period temporarily.
Origin: Economies
