The New Zealand Dollar against the US Dollar (NZD/USD) currency pair continues to move within a growing and bullish channel. Moving averages indicate a short-term uptrend for the pair. Prices have broken above the signal lines, indicating upward pressure from buyers and potential continued price growth from current levels. At the time of publication of this Forex forecast, the New Zealand Dollar to US Dollar exchange rate is 0.6045. Currently, we expect an attempt at a bearish correction and a test of support near 0.5975. Further, according to the Forex forecast and analysis for tomorrow, the price is expected to bounce back upward and attempt to advance above 0.6245.
NZD/USD Forecast and Analysis for February 10, 2026
An additional signal in favor of growth for the NZD/USD currency pair on Forex will be a test of the support line on the relative strength indicator (RSI). A second signal in favor of this scenario will be a rebound from the lower boundary of the bullish channel. The upside scenario for the New Zealand Dollar/US Dollar pair on Forex will be canceled by a price decline and a breakout of 0.5905. This will indicate a breakout of the support area and the lower boundary of the bullish channel. In this case, the pair will continue to decline below 0.5745. Confirmation of growth for the NZD/USD currency pair should be expected with a breakout of the resistance area and a close above 0.6105, which will indicate a breakout of the upper boundary of the Head and Shoulders reversal pattern and the beginning of the pattern with targets above.
NZD/USD Forecast and Analysis for February 10, 2026 suggests an attempt to test the support area near 0.5975. From there, we should expect continued growth above 0.6245. A rebound from the support line on the relative strength indicator (RSI) would be an additional signal in favor of an uptrend. A price decline and a break of 0.5905 would cancel out the NZD/USD’s upward trend. In this case, we should expect continued decline with a potential target below 0.5745.
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