The NZD/USD pair continues its movement within the framework of a bullish channel and a bearish correction. At the time of this forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.6044. Prices have broken through the area between the signal lines upward, indicating pressure from buyers and potential continuation of the asset’s price rise from current levels. At the moment, the pair is expected to attempt a bearish correction and test the support area near 0.5970. Subsequently, the forecast suggests a bounce upward and an attempt to develop a price rise toward the area above 0.6255.
NZD/USD Forecast and Analysis for February 12, 2026
An additional signal in favor of the rise in the NZD/USD pair on Forex will be the test of the support line on the Relative Strength Index (RSI). The second signal in favor of this scenario will be the rejection from the lower boundary of the bullish channel. The reversal of the NZD/USD pair’s rise scenario will be a price drop and breakout below the level of 0.5885. This will indicate a breakout of the support area and the lower boundary of the bullish channel. In this case, the pair will continue its decline to the area below 0.5745. Expect confirmation of the rise scenario with a breakout of the resistance area and closing prices above the level of 0.6115, indicating a breakout of the upper boundary of the “Head and Shoulders” reversal pattern and the beginning of the pattern’s implementation with upward targets.
NZD/USD Forecast and Analysis for February 12, 2026 suggests an attempt to test the support area near the level of 0.5970. From there, the price is expected to continue rising toward the area above 0.6255. An additional signal in favor of the rise will be the rejection from the support line on the RSI. The reversal of the NZD/USD pair’s rise scenario will be a price drop and breakout below the level of 0.5885. In this case, the pair is expected to continue its decline with a potential target below 0.5745.
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