NZD/USD – Monday, August 4, 2025.
Although both EMAs are still forming a Death Cross, the appearance of a divergence on the RSI(14) indicator, which is also at the Neutral-Bullish level, provides an opportunity for the Kiwi to strengthen today.
Key Levels
1. Resistance 2: 0.5967.
2. Resistance 1: 0.5938.
3. Pivot: 0.5895.
4. Support 1: 0.5866.
5. Support 2: 0.5823.
Tactical Scenario
Positive Reaction Zone: If the price breaks through and closes above 0.5938 level, the Kiwi will continue to strengthen to 0.5967.
Momentum Extension Bias: If the 0.5967 level is broken and closes above it, the NZD/USD will continue to strengthen to 0.6010.
Invalidation Level / Bias Revision
Upside bias weakens when the price weakens again and breaks through and closes below 0.5823.
Technical Summary
EMA(50): 0.5896.
EMA(200): 0.5916.
RSI(14): 58.05.
Economic News Release Schedule:
When the US market opens tonight, the US-US-Factory Orders data will be released m/m at 21:00 WIB.
