The New Zealand Dollar against the US Dollar (NZD/USD) currency pair continues to move within a developing correction and bullish channel. Moving averages indicate a short-term bearish trend for the pair. Prices have broken above the area between the signal lines, indicating upward pressure from buyers of the currency pair and potential continued price growth from current levels. At the time of publication of the Forex forecast, the New Zealand Dollar to US Dollar exchange rate is 0.5748. Currently, we expect an attempt to continue the decline in quotes and a test of the support level near 0.5725. Further, according to the Forex forecast and analysis for tomorrow, the price is expected to rebound upward and attempt to continue the growth of the currency pair above 0.5825.
NZD/USD Forecast and Analysis for October 21, 2025
An additional signal in favor of an uptrend 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. A price decline and a breakout of 0.5705 will cancel the upward trend for the New Zealand Dollar/US Dollar pair on Forex. This will indicate a breakout of the support area and the lower boundary of the reversal pattern. In this case, the pair will continue to decline below 0.5625. A breakout of the resistance area and a close above 0.5785 should confirm the uptrend for the NZD/USD currency pair.
NZD/USD Forecast and Analysis for October 21, 2025 suggests an attempt to test the support area near 0.5725. From there, we should expect continued price growth above 0.5825. 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 breakout of 0.5705 would cancel out the NZD/USD pair’s upward trend. In this case, we should expect continued decline with a potential target below 0.5625.
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