The NZDUSD fails to break above the 23.6% Fibonacci retracement level, which could signal further downside potential.

if the price breaks below the Friday low, could see a continuation to the downside with the next key support level at 0.5893

Anticipating the AUDUSD to drop following the RBA decision tomorrow, the NZDUSD could follow suit as the currencies maintain the correlation
ForexFundamental AnalysisfxTechnical IndicatorskiwiNZDNZDUSDTrend AnalysisUSD

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