The NZD/USD pair continues to show signs of weakness, extending its bearish momentum as both short- and long-term EMAs trend downward. In this video, we dive into the technical and fundamental factors contributing to the Kiwi’s decline and what traders should watch next.
The downward sloping EMAs highlight sustained selling pressure, signaling that bears remain in control across multiple timeframes. The U.S. Dollar is finding modest strength on the back of steady Treasury yields and cautious investor sentiment, further weighing on the New Zealand Dollar. Meanwhile, soft domestic data and uncertainty around the Reserve Bank of New Zealand’s (RBNZ) next policy move add to the downside bias.
We’ll break down the key technical levels to monitor — immediate support around 0.5880 and resistance near 0.5950. If bearish momentum continues, the pair could test deeper lows in the coming sessions. However, any shift in U.S. economic data or risk sentiment could spark short-term corrections.
Join us as we analyze NZD/USD’s price action, moving averages, and market outlook to help you plan your next trading move.
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