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December 23, 2024

NZD USD Forecast Shows Subdued Activity Near 0.5650

NZD USD Price Forecast

The NZD/USD pair is seeing subdued activity, edging lower to around 0.5650 during the European trading session on Monday. Technical analysis suggests an ongoing bearish trend, with the pair confined within a descending channel pattern.

Market participants should be cautious as various economic factors may influence the currency movement. Staying alert to this ongoing situation will help traders make more informed decisions.

NZD USD Forecast

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