NZD/USD faces challenges above the mid-0.5800s as tensions in Iran and the Fed’s outlook bolster the USD.
The NZD/USD pair has faced selling pressure for the third day in a row, hovering around 0.5865-0.5860 during Asian trading on Tuesday. Geopolitical tensions continue to bolster the US dollar (USD), and it seems likely that prices may slide further, potentially surpassing the horizontal resistance at 0.5925, or even above the previous day’s retracement point […]