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November 26, 2024

NZD/USD Lacks Momentum to Hit 0.5770, Analysts Warn

The New Zealand Dollar has struggled to gain traction, lacking sufficient momentum to reach the target of 0.5770 for now. Analyst forecasts indicate a potential further decline in the NZD. Increased downward momentum is becoming apparent, suggesting traders should prepare for weaker performance from the Kiwi.

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