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NZD/USD: Price Analysis and Forecast. The NZD/USD Pair Attracts Buyers for the Fifth Day in a Row
The NZD/USD pair is confidently holding
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The NZD/USD pair is confidently holding above the round 0.5800 level, having surpassed the weekly high set the day before. Furthermore, the current fundamental factors create favorable conditions for bullish sentiments, indicating that the path of least resistance for spot prices is upward.The U.S. dollar plummeted after the Federal Reserve made a moderate decision to lower interest rates and fell further after Thursday's release of negative news in the country. This step is seen as a key factor supporting the
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Irina Yanina,
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