NZD/USD attracts some sellers below 0.5900 despite stronger China’s Caixin Manufacturing PMI data – FXStreet

The NZD/USD pair is seeing some selling pressure below the 0.5900 level, despite positive data from China’s Caixin Manufacturing PMI. The stronger data from China has not been enough to attract buyers to the pair, as sellers remain in control. The currency pair continues to face resistance at the 0.5900 level, with traders cautious about potential downside risks.