AUD USD and NZD USD Struggle Downward Momentum Continues
The AUD USD pair faces persistent pressure according to recent hourly chart analysis. It struggled to breach the pivotal 0.6530 zone and has taken a fresh decline below the 0.6500 support level against the US Dollar. Similarly, the NZD USD pair shows signs of weakness, keeping traders on alert for more plunges. With both pairs trending downward, market watchfulness is crucial. Investors should be prepared for continued volatility as these currency pairs navigate challenging waters in the forex market.
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