New Zealand Dollar: USD/NZD (NZD=X) turning lower after rally into 61.8% resistance

New Zealand Dollar: USD/NZD (NZD=X) turning lower after rally into 61.8% resistance

New Zealand Dollar: USD/NZD (NZD=X) turning lower after rally into 61.8% resistance NZD/USD managed to rally sharply on Friday, bringing the pair into the wider retracement of the sell-off from $0.6607. Watch for a potential bearish reversal from here, with a rally above $0.6607 required to negate the wider bearish outlook for the pair. Overall, the […]