NZDUSD bears have regained momentum after rejecting 0.7300 to 0.7280 area. NZDUSD dropped below 0.7250 significant event level.
NZDUSD has become impulsive and non-volatile after rejecting 0.7175 to 0.7170 area. NZDUSD faced resistance around 0.7175 area.
NZDUSD bears are still holding the bearish momentum below 0.7250 to 0.7220 resistance area. NZDUSD bears are active.
NZDUSD is retracing upward towards the dynamic level after an impulsive bearish momentum. NZDUSD bears active below 0.7100 event level.
NZDUSD has become volatile and currently trading inside the ranges of 0.7170 to 0.7250 area. NZDUSD volatility increased.
NZDUSD has become corrective after rejecting 0.7310 to 0.7300 psychological key level. NZDUSD volatility increased below.
The NZDUSD pair extended this week's rejection slide from the 0.6300 handle and remained under some heavy selling pressure for the third consecutive session on Thursday.
Given the recent slump from the 0.68 level, the NZDUSD pair has shown some resilience above the 0.65 level. Is the bearish trend over?
NZDUSD pair extended its recent pullback from three-month tops as the bearish pressure remains unabated despite softer US data.