NZD/USD Breaks Key Support

[PocketOption]

NZD/USD Breaks Key Support

The New Zealand dollar recovers over upbeat Q2 GDP. The pair came under pressure near a former support (0.6160) over the 20-day moving average. The long bearish candle is a sign of capitulation as the short-term mood tanks. A break below the psychological support of 0.6000 has invalidated the recent rebound and indicated that the […]

The post NZD/USD Breaks Key Support appeared first on Action Forex.

Source: NZD/USD Breaks Key Support