The decline extended to a weekly low near 0.5800, with today’s trough at 0.5799, just below the 50% midpoint of the April recovery at 0.5802. That level held as support, and the pair reversed higher in the wake of Powell’s Jackson Hole speech.
Close support is back at the swing area down to 0.58455.
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about nzdusd retraces back above old floor after more dovish powell was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( NZDUSD retraces back above old floor after more dovish Powell )
Also on site :