NZD/USD bulls in the market and eye a move to test resistances.
The weekly M-formation is a compelling feature in this regard.
New Zealand Dollars rebounded from earlier dips on Monday, helped by China's data showing an accelerated recovery in the services sector. Additionally, the surprise hawkish decision from the Reserve Bank of Australia (RBA) has tugged the Bird along as well. At the time of writing, NZD/USD has rallied from the week´s peak low area finding support around the 0.6050s
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