The New Zealand Dollar vs. US Dollar (NZD/USD) currency pair is ending the trading week with a sharp decline near 0.5837. Moving averages indicate a bullish 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 market levels. Currently, we expect an attempt at a bearish correction in the currency pair on Forex and a test of the support area near 0.5745. This should then be followed by an upward rebound and continued growth, with a potential target above 0.6125.
NZD/USD Weekly Forecast March 23 – 27, 2026
An additional signal supporting the NZD/USD pair’s growth will be a test of the support line on the relative strength indicator (RSI). A rebound from the lower boundary of the bullish channel will serve as a second signal. A decline and a breakout of the 0.5605 area will cancel out the upside potential for the pair during the current trading week, March 16-20, 2026. This will indicate a breakout of the support area and continued decline for the NZD/USD pair, with a potential target below 0.5425. A breakout of the resistance area and a close above 0.5905 will confirm the pair’s growth on Forex, indicating a breakout of the upper boundary of the downward correction channel.
NZD/USD Weekly Forecast March 23 – 27, 2026 suggests an attempt to develop a bearish correction and test support near 0.5745. Subsequently, the NZD/USD pair is expected to continue rising above 0.6125. A test of the trendline on the relative strength indicator (RSI) will serve as an additional signal for an upside move. A decline and close below 0.5605 would cancel out the pair’s upward trend. In this case, we should expect continued declines in the currency pair with a target below 0.5425.
