Wednesday, 7 October 2020

NZD/USD Rate Weakness to Persist as RSI Retains Downward Trend

NZD/USD struggles to retain the advance from the September low (0.6512), and the bearish price action may persist as the RSI retains a downward trend.

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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...