The New Zealand Dollar vs. US Dollar (NZD/USD) currency pair is ending the trading week with a decline near 0.5758. Moving averages indicate a bearish trend for the pair. Prices have broken below the signal lines, indicating downward pressure from sellers of the currency pair and a potential continuation of the decline from current market levels. Currently, we should expect an attempt at a bullish correction in the currency pair on Forex and a test of the resistance area near 0.5805. This should then be followed by a downward rebound and continued decline, with a potential target below 0.5385.
NZD/USD Weekly Forecast January 19 – 23, 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 bearish channel. A strong rally and a breakout of the 0.6005 area would cancel out the downward trend in the pair during the current trading week of January 19-23, 2026. This would indicate a breakout of the resistance area and continued growth for the NZD/USD pair, with a potential target above 0.6235. A breakout of the support area and a close below 0.5575 would confirm a decline in the currency pair on Forex.
NZD/USD Weekly Forecast January 19 – 23, 2026 suggests an attempt to develop a bullish correction and test resistance near the 0.5805 level. Subsequently, the NZD/USD pair is expected to continue to decline below 0.5385. A test of the trendline on the relative strength indicator (RSI) will serve as an additional signal for a decline. A strong close above 0.6005 would cancel out the pair’s downward trend. In this case, we should expect continued upward movement of the currency pair with a target above 0.6235.
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