Last Updated Date: 28 May 2021 @ 7:32 AM (UTC)
*Please note that all the dates are in GMT time zone
The NZDUSD market is showing a bear downturn and potential for a selling wave to 0.7220 as well as potential to 0.7156. A drop through 0.7200 will foster continuation selloffs today. Any congestion under Tuesday’s range high will keep the market setup in a bear flag. Trade must post a close over 0.7316 (SAR) to reverse out of the current downturn.