The New Zealand Dollar vs. US Dollar (NZD/USD) currency pair is ending the trading week with a strong rally near 0.5927. Moving averages indicate a bearish trend for the pair. Prices have broken above the signal lines, indicating upward pressure from buyers of the currency pair and potential continued growth from current market levels. Currently, we expect an attempt to further strengthen the currency pair on Forex and test the resistance area near 0.5985. This should be followed by a downward rebound and continued decline, with a potential target below 0.5635.
NZDUSD Weekly Forecast January 26 – 30, 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 bullish channel. A strong rally and a breakout of the 0.6175 area would cancel out the downward trend in the pair during the current trading week, January 26-30, 2026. This would indicate a breakout of the resistance area and continued growth for the NZD/USD pair, with a potential target above 0.6385. A breakout of the support area and a close below 0.5725 would confirm a decline in the currency pair on Forex.
NZDUSD Weekly Forecast January 26 – 30, 2026 suggests an attempt to develop a bullish correction and test resistance near 0.5985. Subsequently, the NZD/USD pair is expected to continue to decline below 0.5635. A test of the trendline on the relative strength indicator (RSI) would be an additional signal of decline. A strong close above 0.6175 would cancel out the pair’s downward trend. In this case, we should expect continued upward movement of the currency pair with a target above 0.6385.
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