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The NZDUSD is struggling to breach critical resistance -Analysis-05-06-2025
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The NZDUSD is struggling to breach critical resistance -Analysis-05-06-2025
Jun 4, 2025 8:52 PM

The (NZDUSD) price rose in its last intraday trading, surpassing the critical resistance at 0.6030, supported by its continuous trading above its EMA50, and under the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis, on the other hand, we notice the beginning of a negative overlapping signals appearance of the (RSI) after reaching overbought levels, which might decelerate the upcoming gains.

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