NZD/USD takes offers to refresh intraday low near 0.6240 during early Monday. In doing so, the Kiwi pair defends the previous week’s downward trajectory from a two-month high while breaking an upward-sloping support line from March, now immediate resistance, amid the Easter Monday holiday.
Not only the trend line break but a U-turn from the two-month-old horizontal resistance area and bearish MACD signals, as well as the steady RSI (14) line, also favor the NZD/USD sellers.
With this, the Kiwi pair is all set to attack the 0.6200 round figure. However, the 200-DMA hurdle of around 0.6160 can challenge the bears afterward.
Following that, the Year-To-Date (YTD) low marked in March around 0.6080 and the 0.6000 psychological magnet can lure the NZD/USD sellers during the pair’s further downside.
On the contrary, recovery moves need to cross the support-turned-resistance line, around 0.6260 at the latest, to convince intraday buyers of the NZD/USD pair.
Even so, the 50% and 61.8% Fibonacci retracement level of the pair’s February-March fall, around 0.6310 and 0.6365 in that order, can challenge the bulls.
It’s worth noting that the NZD/USD upside remains elusive unless the quote stays successfully beyond the two-month-old horizontal resistance area surrounding 0.6385-90.

Trend: Further downside 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.