NZDUSD has bounced from trendline support prior to the USD 3 Month Bill Auction, which reveals the yields on the US Government backed security. Technically the pair has bounced from the trendline and the RSI has turned positive, and we are seeing USD weakness so far this week.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.