The NZD/USD currency pair finished the trading week with growth near the 0.5998 level. Moving averages indicate a bullish trend in the pair. The price broke above the area between the signal lines, which indicates buying pressure and the potential continuation of growth from current market levels. At this stage, a bearish correction is expected with a test of the support area near 0.5955. After that, a rebound upward is likely, followed by continued growth of the pair with a potential target above 0.6265.
NZD/USD Weekly Forecast March 2 – 6, 2026
An additional signal in favor of growth will be a test of the support line on the RSI indicator. The second signal will be a rebound from the lower boundary of the “Triangle” pattern. The bullish scenario will be canceled by a decline and a breakout below 0.5805. This would indicate a breakout of the support area and continued decline in NZD/USD with a potential target below 0.5645. Confirmation of growth will come from a breakout of the resistance area and a close above 0.6145. This would indicate a breakout of the upper boundary of the “Triangle” pattern and the start of pattern implementation with targets above.
NZD/USD Weekly Forecast March 2 – 6, 2026 suggests a bearish correction toward 0.5955, followed by continued growth above 0.6265. A close below 0.5805 would cancel the bullish scenario and indicate a decline toward levels below 0.5645.
