NZDUSD trades toward the low from yesterday. Seller make a play ...Middle East

The NZDUSD is moving lower, hitting fresh lows for the day, and once again testing yesterday's low near 0.6263. This level sits below the 38.2% retracement of September’s trading range at 0.62727. Earlier in the day, the price briefly climbed above the 200-hour moving average (at 0.6299), but it couldn’t hold, and sellers took control, pushing the price back down. The sellers are making their move.So, what’s next? To strengthen the bearish bias, the first key step is breaking below 0.6263, followed by a push through the swing level at 0.6253. The more critical target for the sellers lies at the 50% midpoint of September’s trading range, around 0.62407. This level is also reinforced by the ri

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NZDUSD trades toward the low from yesterday. Seller make a play ...Middle East

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