The New Zealand Dollar against the US Dollar (NZD/USD) currency pair continues to move within a correction and has broken out of the bearish channel. Moving averages indicate a short-term bullish trend 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 0.5764. Currently, we expect an attempt at bearish price action and a test of support near 0.5745. Further, according to the Forex forecast and analysis for tomorrow, an upward price rebound is expected, followed by an attempt to continue growth above 0.5875.
NZD/USD Forecast and Analysis for October 28, 2025
An additional signal supporting the NZD/USD currency pair’s growth on Forex will be a test of the support line on the relative strength indicator (RSI). A second signal supporting this scenario would be a rebound from the lower boundary of the bullish channel. A price decline and a breakout of 0.5715 would cancel the upward trend for the New Zealand Dollar/US Dollar pair on Forex. This would indicate a breakout of the support area and the lower boundary of the bullish channel. In this case, the pair would continue to decline below 0.5575. Confirmation of the NZD/USD’s growth should be expected with a breakout of the resistance area and a close above 0.5805.
NZD/USD Forecast and Analysis for October 28, 2025 suggests an attempt to test the support area near 0.5745. From there, we should expect continued price growth above 0.5875. 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 0.5715 would cancel out the NZD/USD pair’s downward trend. In this case, we should expect continued decline with a potential target below 0.5575.
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