The New Zealand Dollar against the US Dollar (NZD/USD) currency pair continues to move within a developing correction and has broken out of the bullish 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 0.5867. At this point, we expect an attempt at a bullish correction and a test of the resistance level near 0.5895. 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 0.5755.
NZD/USD Forecast and Analysis for September 24, 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 lower boundary of the bullish channel. A strong price increase and a breakout of 0.5945 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 lower boundary of the bullish channel. In this case, the pair would continue to rise above 0.6075. A breakout of the support area and a close below 0.5825 should confirm the decline in the NZD/USD currency pair.
NZD/USD Forecast and Analysis for September 24, 2025 suggests an attempt to test the resistance area near 0.5895. From there, we should expect a continued decline in quotes below 0.5755. 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 0.5945 would cancel the NZD/USD pair’s downward trend. In this case, we should expect continued growth with a potential target above 0.6075.
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