Thursday, 16 January 2020

NZD/USD Rate Outlook Undermined by Bearish RSI Behavior

NZD/USD may continue to give back the correction from the 2019 low as the RSI falls back from overbought territory and snaps the bullish trends from the previous year.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...