NZD/USD Price Forecast: Remains subdued near 0.5650, descending channel’s lower boundary – FXStreet

The NZD/USD price forecast is currently subdued near 0.5650, hovering around the lower boundary of a descending channel. This indicates a downward trend in the currency pair’s movement. Traders are closely monitoring the situation to see if the pair will break out of this pattern or continue its downward trajectory. Stay tuned for updates on the NZD/USD price movements.

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