Professionally Educated: NZD/USD Plummets Below 0.6200 Amidst Risk-On Sentiment and Strong US Dollar Ahead of FOMC Decision
NZD/USD Dives Below 0.6200 Figure Overview The NZD/USD pair has experienced a sharp decline, falling below the key level of 0.6200. This downward movement is attributed to the pair extending its losses past the 200-day Exponential Moving Average of 0.6226. The current exchange rate stands at 0.6175, following a drop from a daily high of…