Category: EURNZDs
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FX Watch: EUR/NZD’s Resistance Area Ahead of RBNZ’s Policy Decision
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EUR/NZD is approaching the technical resistance area! Will the pair continue its downward trend this week? Or will the RBNZ policy decision inspire a bullish breakout for its Kiwi counterpart? While we did not see market catalysts yesterday, commodity-related currencies such as the New Zealand dollar fell against their counterparts…