The pair is buying and selling above the robust assist stage of 0.6520. The pair is negatively affected by the US-China stress, in addition to the expectation of the publication of the minutes of the final assembly of the Reserve Financial institution of New Zealand on Tuesday.
Technical aspect:
The value is beneath the center Bollinger band, beneath SMA 5 and SMA 14. RSI is above the oversold zone and strikes horizontally. Stoch are declining.
Buying and selling suggestions:
If the pair falls beneath the 0.6520, it could go additional all the way down to 0.6450.
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