NZD/USD & AUD/USD declined to 0.6495 after China’s disappointing CPI. NZD/USD. On a monthly basis, strong U-TURN is expected downward as a correction to 0.6240 and 0.6000. NZD/USD has managed to come back below the long-term trend line (Pre-COVID 19 Resistance) from a multi-year low of 0.5450. Currently, NZDUSD outlook is cautiously bullish as the […]