The New Zealand dollar has been range bound for most of 2023.
However, that started to change last week with the close below 0.6120.
Although NZDUSD isn’t far off recent lows, it’s trading below the monthly open and the yearly open at 0.6351.
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Last week’s sub 0.6120 close means the area flips to new resistance.
The post Nzdusd Breakdown in Market Structure to Offer Selling Opportunity appeared first on Daily Price Action.
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