NZD/USD Price Update: Bearish Pressure Holds Above 0.5900
The NZD/USD pair has ended its three-day winning streak, currently trading around 0.5890. This drop occurs during the European session and suggests a growing bearish bias. A review of the daily chart reveals that the pair is moving downward within a descending channel pattern. Traders are actively assessing the potential for further declines as market conditions develop.
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