The NZD/USD currency pair surged 1.65% on Monday, reaching 0.5675 driven by fresh buying interest. Technical indicators point to sustained bullish momentum with the RSI climbing into positive territory and the MACD histogram displaying accelerating upward trajectory.
NZD/USD jumps 1.65% on Monday, reaching 0.5675 on fresh buying interest. RSI climbs to positive terrain, reflecting steady bullish momentum and room for further gains.
histogram shows rising green bars, indicating an accelerating upward trajectory. NZD/USD rallied on Monday, notching a 1.65% advance to settle around the 0.5675 mark. This robust performance comes amid a notable shift in sentiment, with traders appearing more inclined to favor the Kiwi dollar after its recent stretch of subdued price action. The mood has turned convincingly bullish, supported by technical studies pointing to ongoing upside potential.
NZD/USD Forex Currency Pair Technical Analysis Bullish Momentum
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