The New Zealand Dollar vs. US Dollar (NZD/USD) currency pair is ending the trading week with a decline near 0.5786. 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 expect an attempt to further strengthen the currency pair on Forex and test the resistance area near 0.5865. This should be followed by a downward rebound and a continued decline, with a potential target below 0.5385.
NZD/USD Weekly Forecast July 27 – 31, 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 0.6035 area would cancel out the downward trend in the pair during the current trading week of July 27-31, 2026. This would indicate a breakout of the resistance area and continued growth in the NZD/USD pair with a potential target above 0.6305. A decline in the currency pair on Forex would be confirmed by a breakout of the support area and a close below 0.5605, which would indicate a breakout of the lower boundary of the Triangle pattern and the beginning of the pattern’s implementation with targets below.
NZD/USD Weekly Forecast July 27 – 31, 2026 suggests an attempt at a bullish correction and a test of resistance near 0.5865. 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 rally and a close above 0.6035 would cancel out the downward trend. In this case, we should expect the pair to continue its rise with a target above 0.6305.
