NZD/USD dives to a three-day low of 0.5906 below the 50-day moving average (DMA) at 0.5913, despite the Greenback (USD) trading unchanged as shown by the US Dollar Index (DXY), while US Treasury bond yields drop for the second consecutive day.
NZD/USD hits a new three-day nadir at 0.5906, shedding 0.39% amid a broader downtrend and declining US Treasury yields. The pair faces immediate support at the psychological 0.5900 level, with further downside risks towards the September low and critical trendline supports. A recovery above the 50-day moving average could open the path for the Kiwi to challenge resistances at 0.5900 and potentially the 0.6000 handle. The pair exchanges hands at 0.5910, down 0.39%.
5773. On the other hand, if NZD/USD buyers reclaim the 50-DMA, they could remain hopeful of testing higher prices. Next resistance is seen at 0.5900, before rallying to the 0.6000 mark. NZD/USD Price Analysis – Daily Chart NZD/USD Technical Levels NZD/USD Overview Today last price 0.5911 Today Daily Change -0.0024 Today Daily Change % -0.40 Today daily open 0.5935 Trends Daily SMA20 0.5881 Daily SMA50 0.5915 Daily SMA100 0.6015 Daily SMA200 0.6114 Levels Previous Daily High 0.
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