NZD/USD struggles to extend the biggest daily rebound in two weeks, fading the bounce off a two-year low while retreating to 0.6075 during the initial Asian session on Thursday. Even so, the Kiwi pair defends the previous day’s break out of a fortnight-old resistance line while retreating from the 10-DMA.
Given the receding bearish bias of the MACD and the gradually improving RSI, the latest NZD/USD rebound from the multi-day low is likely to overcome the immediate hurdle, namely the 10-DMA level surrounding the 0.6100.
However, the late August low near 0.6155-60 could challenge the pair buyers afterward, a break of which will direct the bulls towards the August 25 swing high near 0.6255.
It’s worth noting that the NZD/USD run-up beyond 0.6255 will enable the Kiwi pair buyers to aim for the previous monthly high around 0.6470.
Alternatively, a downside break of the previous resistance line, around 0.6060 by the press time, won’t hesitate to drag the quote back to the 0.6000 threshold. Also acting as a downside filter is the latest low of 0.5996.
In a case where the NZD/USD prices drop below 0.5996, May 2020 low and a four-month-old descending support line near 0.5920-15 appears the strong support to watch.

Trend: Further recovery expected
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.