The (NZDUSD) price declined in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis and its trading alongside trendline, with the continuation of the negative pressure due to its trading below EMA50, increasing the chances of the price’s recovery on the near-term basis, besides the emergence of the negative signals on the relative strength indicators, approaching from the key support at 0.5680, this support represents our expected target in our previous analysis, preparing to break it.
Origin: Economies
