Pair weakens as it nears 20-day SMA
NZD/USD eases to 0.5655 on Thursday, extending its pullback from recent highs. The pair is approaching the 20-day SMA, a key level that may determine its next move if breached. Technical indicators signal increasing bearish pressure, with RSI declining sharply and MACD showing weakening momentum. The NZD/USD pair continued its downward drift on Thursday, edging … Read more