The New Zealand Dollar vs. US Dollar (NZD/USD) currency pair is ending the trading week with gains near 0.5974. Moving averages indicate a bullish 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 0.5925. This should then lead to an upward rebound and continued growth, with a potential target above 0.6345.
NZDUSD Weekly Forecast February 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 second signal will be a rebound from the lower boundary of the bullish channel. A decline and a breakout of the 0.5785 area will cancel out the pair’s upward trend during the current trading week, February 23-27, 2026. This will indicate a breakout of the support area and continued decline of the NZD/USD pair, with a potential target below 0.5545. A breakout of the resistance area and a close above 0.6145 will confirm the pair’s growth on Forex. Important news from New Zealand that could impact the New Zealand Dollar exchange rate includes the Reserve Bank of New Zealand Interest Rate Decision and the Reserve Bank of New Zealand Press Conference.
NZDUSD Weekly Forecast February 23 – 27, 2026 suggests an attempt at a bearish correction and a test of support near 0.5925. Further growth in the NZD/USD pair to above 0.6345 is expected. A test of the trendline on the relative strength indicator (RSI) would be an additional signal of upside. A decline and a close below 0.5785 would cancel out the upside potential. In this case, a continued decline in the currency pair is expected, with a target below 0.5545.
