fxs_header_sponsor_anchor

News

NZD/USD Price Analysis: Kiwi advance paused near 0.6000 handle

  • NZD/USD rebounded from 2020 lows as the spot is challenging the 0.6000 figure
  • The bullish correction could be limited as DXY is getting some traction. 
 

NZD/USD daily chart

 
 
After a rebound from the 2020 lows, NZD/USD is taking a breather at the start of the new week as the market is trading below the main daily simple moving averages (SMAs) suggesting an overall bearish bias. 
 

NZD/USD four-hour chart

 
 
Kiwi/Dollar is trading near 0.6000 figure and below the 20 SMA on the four chart. The bulls have lifted the market from the 2020 lows but it is not clear if the current bullish correction can be sustained any further as bears would likely try to regain the 0.5900 and 0.5800 figures in the coming sessions while 0.6080 and 0.6200 levels can act as resistances. 
 
 
Resistance: 0.6080, 0.6200 , 0.6300
Support: 0.6000, 0.5900, 0.5800 
 
 
 

Additional key levels

NZD/USD

Overview
Today last price 0.6006
Today Daily Change -0.0031
Today Daily Change % -0.51
Today daily open 0.6037
 
Trends
Daily SMA20 0.6053
Daily SMA50 0.6289
Daily SMA100 0.6422
Daily SMA200 0.6439
 
Levels
Previous Daily High 0.607
Previous Daily Low 0.591
Previous Weekly High 0.607
Previous Weekly Low 0.5589
Previous Monthly High 0.6504
Previous Monthly Low 0.6192
Daily Fibonacci 38.2% 0.6009
Daily Fibonacci 61.8% 0.5971
Daily Pivot Point S1 0.5941
Daily Pivot Point S2 0.5846
Daily Pivot Point S3 0.5782
Daily Pivot Point R1 0.6101
Daily Pivot Point R2 0.6165
Daily Pivot Point R3 0.6261

 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2026 FOREXSTREET S.L., All rights reserved.