NZD/USD Price Forecast: Rallies above 0.5800, eyes on 200-day SMA

The NZD/USD pair rallies sharply on Wednesday, boosted by a double whammy: The de-escalation of the Middle East conflict and hawkish remarks by the Reserve Bank of New Zealand (RBNZ) Governor, Anna Breman, following the bank’s monetary policy meeting.

NZD/USD Price Forecast: Rallies above 0.5800, eyes on 200-day SMA
The NZD/USD pair rallies sharply on Wednesday, boosted by a double whammy: The de-escalation of the Middle East conflict and hawkish remarks by the Reserve Bank of New Zealand (RBNZ) Governor, Anna Breman, following the bank’s monetary policy meeting.

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