The New Zealand Dollar vs. US Dollar (NZD/USD) currency pair is ending the trading week with gains near 0.6039. Moving averages indicate a bearish trend for the pair. Prices have broken upwards between the signal lines, indicating buying pressure on the pair and potential continued growth from current market levels. Currently, we expect an attempt to extend the decline in the pair on Forex and a test of the support area near 0.5915. This should then lead to an upward rebound and continued growth, with a potential target above 0.6395.
NZDUSD Weekly Forecast February 16 – 20, 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 second signal will be a rebound from the lower boundary of the bullish channel. A decline and a breakout of the 0.5775 area will cancel out the pair’s upward trend during the current trading week, February 16-20, 2026. This will indicate a breakout of the support area and continued decline of the NZD/USD pair, with a potential target below 0.5425. A breakout of the resistance area and a close above 0.6155 will confirm the pair’s growth on Forex.
NZDUSD Weekly Forecast February 16 – 20, 2026 suggests an attempt at a bearish correction and a test of support near 0.5915. Further growth in the NZD/USD pair to above 0.6395 is expected. A test of the trend line on the relative strength indicator (RSI) would be an additional signal in favor of an upside move. A decline and a close below 0.5775 would cancel out the upside potential. In this case, a continued decline in the currency pair is expected, with a target below 0.5425.
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