NZD/USD Price Forecast: Reversal setup on chart but will unlikely set off

NZD/USD Price Forecast: Reversal setup on chart but will unlikely set off

NZD/USD surrenders daily gains as the US Dollar rebounds despite dovish Fed bets. The Kiwi pair exhibits a Bullish Divergence formation but will less likely get triggered. The RBNZ has reduced its interest rates by 125 bps to 4.25% this year.

submitted by /u/Denchock
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