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December 11, 2024

NZD/USD Drops Toward Two-Year Lows After Breaking Below 0.5800

The NZD/USD pair shows continued weakness, trading around 0.5780 after breaking below the 0.5800 level. This downward trend has persisted for two consecutive days. A technical analysis of the daily chart indicates a solid bearish sentiment, as the pair remains within a descending channel pattern.

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