NZDUSD Analysis
| Performance after Monday | |||
| Period | Pct | Chg | Momentum |
| Monday | -0.4704% | -27.0 Pips | ▼ |
| Week to-date | -0.4704% | -27.0 Pips | ▼ |
| June | -4.5925% | -275.0 Pips | ▼ |
Upcoming key events (GMT+8)
No major events for the day.
What can we expect from NZDUSD today?
The NZDUSD pair is showing a bearish daily outlook, with a recent close at 0.57130, marking a decline of 0.4704%. The pair’s performance for the week so far mirrors this daily downturn.
📈 Bull Scenario A bullish scenario for NZDUSD could emerge if the pair manages to break above the daily pivot point of 0.572. Should this occur, traders might look for further upward momentum towards the first resistance level (R1) at 0.5733. A sustained move above R1 could target the second resistance level (R2) at 0.5753. | 📉 Bear Scenario Conversely, a bearish continuation could be triggered if NZDUSD falls below the first support level (S1) at 0.57. In this case, the pair might test the second support level (S2) at 0.5687. The overall bearish daily and weekly outlooks suggest that downward pressure could persist if these support levels are breached. |
Key levels to watch out:
| R3 | 0.5766 |
| R2 | 0.5753 |
| R1 | 0.5733 |
| Daily Pivot | 0.572 |
| S1 | 0.57 |
| S2 | 0.5687 |
| S3 | 0.5667 |