NZD/USD Dips into Bearish Zone

<p>The New Zealand dollar continues southward amid a lack of demand for risk-sensitive currencies. Sentiment turned bearish after price action failed to hold above this year’s low at 0.6530, invalidating a two-month-long recovery. The pair is heading to a 22-month low at 0.6390. An oversold RSI may prompt short-term sellers to cover, driving up the […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/441565-nzd-usd-dips-into-bearish-zone/">NZD/USD Dips into Bearish Zone</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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