The New Zealand Dollar has been weak lately and a retracement was expected. However, NZD doesn't seem to have the strength needed for the pullback compared to the EURO & AUD pairs. I'll be closely looking at the price action as a stronger USD is enough to push the currency lower.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.