The New Zealand Dollar against the US Dollar (NZD/USD) currency pair continues to move within a downward trend and a descending channel. Moving averages indicate a short-term bearish trend for the pair. Prices have broken below the signal lines, indicating downward pressure from sellers of the currency pair and a potential further decline from current levels. At the time of publication of the Forex forecast, the New Zealand Dollar to US Dollar exchange rate is 0.5595. Currently, an attempt at a bullish correction and a test of resistance near 0.5635 is expected. Further, according to the Forex forecast and analysis for tomorrow, a downward price rebound is expected, and the currency pair is expected to decline below 0.5465.
NZD/USD Forecast and Analysis for November 21, 2025
An additional signal supporting a decline in the NZD/USD currency pair on Forex will be a test of the resistance line on the relative strength indicator (RSI). A second signal supporting this scenario will be a rebound from the upper boundary of the descending channel. A strong price increase and a breakout of 0.5705 would cancel out the downward trend in the New Zealand Dollar/US Dollar pair on Forex. This would indicate a breakout of the resistance area and the upper boundary of the bearish channel. In this case, the pair would continue to rise above 0.5885. A breakout of the support area and a close below 0.5575 would confirm the decline in the NZD/USD currency pair.
NZD/USD Forecast and Analysis for November 21, 2025 suggests an attempt to test the resistance area near 0.5635. From there, we should expect a continued decline below 0.5465. A rebound from the resistance line on the relative strength indicator (RSI) would be an additional signal of decline. A strong price increase and a breakout of 0.5705 would cancel out the NZD/USD downside scenario. In this case, we should expect continued growth with a potential target above 0.5885.
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