FX.co ★ NZD/USD

NZDUSD The pair is trading in different directions today with low volatility. It is currently within an ascending channel on the H4 chart. The MACD indicator is in the positive zone without clear signals, while the MA arrow points upwards. In this situation, there is a presumption that buying will continue to be of priority. Therefore, the New Zealand currency can be expected to reach at least the level of 0.5809. There might be a pullback towards the 0.5725 level, followed by another upward movement.