NZD/USD prints mild gains around 0.6260 during early Wednesday in Europe as bulls take a breather following the previous day’s run-up, the biggest in over a week. In doing so, the Kiwi pair fades upside momentum below the key resistances while defending a two-day run-up.
That said, the quote’s sustained U-turn from a three-week-old ascending support line joins bullish MACD signals to keep buyers. Adding strength to the upside hopes is the steady RSI (14).
However, the downward-sloping resistance line from mid-February, close to 0.6280 at the latest, restricts the immediate upside of the NZD/USD pair.
Following that, a convergence of the 50-DMA and 100-DMA challenges the Kiwi pair buyers around 0.6285-95.
It’s worth noting that the 0.6300 round figure acts as an extra filter towards the north, a break of which won’t hesitate to challenge the mid-February high surrounding 0.6390.
Meanwhile, pullback moves need validation from the aforementioned immediate support line, close to 0.6195 by the press time.
In a case where NZD/USD remains bearish past 0.6195, multiple lows marked since late November 2022, around 0.6090-80, may gain the market’s attention.
Overall, NZD/USD is likely to remain firmer but the upside momentum remains less convincing below 0.6300.

Trend: Limited upside 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.