NZDUSD Experiences Temporary Halt in Anticipation of Reversal
Market Analysis: Price Retraces to a Fair Value Gap In late December 2023, NZDUSD commenced a notable bearish trend, leaving behind a significant high. This downtrend was characterized by the formation of lower lows, which indicates sustained selling pressure. As the pair approached the 0.58620 level, however, the bearish momentum began to wane, culminating in…