NZD/USD Price Analysis: Pair plunges to 0.5830 after rejection at 20-day SMA – FXStreet
The NZD/USD pair has dropped to 0.5830 after being turned away at the 20-day SMA. The rejection at this key technical level has led to a sharp decline in the pair’s value. Investors are closely watching the movement of the NZD/USD pair as it continues to show volatility in the market.