The New Zealand Dollar vs. US Dollar (NZD/USD) currency pair is ending the trading week with gains near 0.5889. Moving averages indicate a bearish trend for the pair. Prices have broken above the signal lines, indicating selling pressure on the pair and potential further decline from current market levels. Currently, we expect an attempt to further strengthen the pair on Forex and test the resistance area near 0.5905. This should be followed by a downward rebound and continued decline, with a potential target below 0.5445.
NZD/USD Weekly Forecast August 10 – 14, 2026
An additional signal supporting a decline in the NZD/USD currency pair will be a test of the resistance line on the relative strength indicator (RSI). A second signal will be a rebound from the upper boundary of the Triangle pattern. A strong rally and a breakout of the 0.6065 area would cancel out the downward trend in the pair during the current trading week of August 10-14, 2026. This would indicate a breakout of the resistance area and continued growth in the NZD/USD pair, with a potential target above 0.6315. A breakout of the support area and a close below 0.5735 would confirm a decline in the currency pair on Forex, indicating a breakout of the lower boundary of the bullish correction channel.
NZD/USD Weekly Forecast August 10 – 14, 2026suggests an attempt at a bullish correction and a test of resistance near 0.5905. Subsequently, the NZD/USD pair is expected to continue to decline below 0.5445. A test of the trendline on the relative strength indicator (RSI) would be an additional signal of decline. A strong rally and a close above 0.6065 would cancel out the downward trend. In this case, we should expect the pair to continue its rise with a target above 0.6315.
