NZD/USD Price Forecast: Bears await break below 61.8% Fibo., around 0.5970 area

  • The NZD/USD pair attracts sellers for the second consecutive day on Monday and slides further below the 0.6000 psychological mark during the Asian session. Spot prices currently trade near the 0.5980-0.5975 support, or the monthly low touched last week, and seem vulnerable amid rising trade tensions.