FX.co ★ osenger | NZD/USD

Hello traders, Good and successful new day to everyone. Yesterday, buyers tried to work on our instrument. At one point, they managed to push the NZD/USD quotes up to 0.6058. However, there is currently a slight southern descent observed. At the moment, the quotes for the NZD/USD instrument are around 0.6035. Moving averages on the hourly chart have mostly switched to the sellers' side. The RSI is neutral. But I assume that the southern descent may continue today. I think that the quotes for our NZD/USD instrument could drop to around 0.5975. And from there, start moving north again.