NZDUSD: Selling pressure below 0.68000

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FED Rate Cut Expectations of the Market :
An interest rate reduction of 25 bp to 50 bp in July / 83.5% probability at the July meeting.

RBNZ’s interest rate cut at 25 bp at the July meeting is priced at 76.6% probability

Clear Bearish Hammer

A Better than expected NFP may trigger the bearish move.

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