NZD/USD, Wednesday, May 27, 2026 
The major currency pair NZD/USD on Tuesday swung in a strong bearish trend, driven by the strengthening of the USD Index, leaving behind the higher 0.58835. On the H4 timeframe this morning, a candle is seen swinging at the price level of 0.58345, moving away from the crossing area of the orange EMA200 resistance line with the blue EMA21 and the purple EMA50. Another bearish technical support direction is also evident in the CCI14 indicator, which is currently still moving downwards away from the neutral zero line. In general, the plan to SELL NZD/USD for today remains the most profitable trading option amidst the scheduled release of NZD interest rates later in the day, by placing a stop loss at the higher 0.58800 area and a take profit target below the 0.58000 support area.
