FX.co ★ NZD/USD

Certainly, the pair with the New Zealand dollar remains in a downtrend. Although it seemed on the European currencies that the decline at least paused. However, this is not significant because we are pushing downwards again on the American currencies. There is nothing surprising about this, as we received positive retail sales data which supports the dollar. Personally, nothing has changed much for me yet, as despite the downtrend, I do not consider selling at these levels. However, I believe we will go below 0.59, and there I will look for buying signals on smaller timeframes at least within a pullback.