NZD/USD Technical Analysis: recovery from year's lows gassing out

  • The Kiwi remains trapped underneath pressure from USD buyers.
  • Bullish recovery from last week's major 2018 low is running into resistance early, indicating low bullish interest.
  • A thin showing on the economic calendar for the NZD this week leaves directional bias in the hands of Dollar traders.
NZD/USD Chart, 15-Minute

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