NZD/USD Price Analysis: Pair gets rejected again by the 20-day SMA, more downside on the horizon – FXStreet

The NZD/USD pair has once again been rejected by the 20-day SMA, signaling more potential downside ahead. This rejection suggests that the pair may continue to face bearish pressure in the near future. Traders should keep an eye on this development as it could impact their trading decisions. Stay tuned for further updates on the NZD/USD pair’s price movements.