NZD/USD retraces its recent gains, trading around 0.6210 during the Asian hours on Friday.
NZD/USD could test the nine-day EMA at 0.6210, followed by the seven-month high of 0.6247. The 14-day RSI remains above the 50 level, confirming a persistent bullish trend. The immediate support appears around the psychological level of 0.6200, aligned with the 14-day EMA at 0.6190. On the daily chart, the pair treks above the lower boundary of the ascending channel, which supports a bullish outlook. A move below the lower boundary could weaken the bullish sentiment.
6190 level, which aligns with the lower boundary of the ascending channel. A drop below this level could diminish the bullish bias and drive the pair toward the psychological level of 0.6100. NZD/USD: Daily Chart New Zealand Dollar PRICE Today The table below shows the percentage change of New Zealand Dollar against listed major currencies today. New Zealand Dollar was the weakest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.05% 0.02% -0.80% -0.06% 0.15% 0.09% -0.27% EUR 0.
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