NZD/USD Attempts to Rebound Amid Oversold Conditions – Market Analysis – 10/10/2025

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“NZD/USD rose during the last intraday session in an attempt to recover recent losses, while also working to ease the clear oversold conditions reflected in relative strength indicators. However, bearish pressure remains in place as the pair continues to trade below the 50-day EMA and within the boundaries of the prevailing short-term downtrend, staying aligned with the descending trendline.”

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