🟥 NZD/USD
Move: NZD/USD is likely to face bearish pressure in the coming week.
Reason: USD strength may return post-NFP, and NZD fundamentals remain soft.
Outlook: A retest of 0.5950 resistance could trigger renewed selling.
Next Week: Watch for a drop toward 0.5860–0.5840 support if sentiment shifts risk-off.
Move: NZD/USD is likely to face bearish pressure in the coming week.
Reason: USD strength may return post-NFP, and NZD fundamentals remain soft.
Outlook: A retest of 0.5950 resistance could trigger renewed selling.
Next Week: Watch for a drop toward 0.5860–0.5840 support if sentiment shifts risk-off.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.