The NZDUSD continues its correctional decline -Analysis-07-07-2025-August 2024-www.financetom.com

The NZDUSD continues its correctional decline -Analysis-07-07-2025

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The NZDUSD continues its correctional decline -Analysis-07-07-2025

Jul 6, 2025 9:36 PM

The (NZDUSD) price deepened its losses in its last intraday trading, by its affection by the formation of a negative technical pattern previously on the short-term basis, which is the head and shoulders pattern, and there is negative pressure due to its continuous trading below EMA50, besides the emergence of the negative signals on the (RSI), despite reaching oversold levels.

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