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NZD/USD stays discouraged underneath the 0.6000 price zone, least since May 2020


The currency pair NZD/USD is unable to benefit from its light intraday rebound and is still near its lowest level of March 2020, which was reached the previous day through the early parts of the European sessions. Prices remained defensively below the psychological threshold of 0.6,000 and they appear vulnerable to additional declines.