The NZD/USD is currently facing its sternest technical test at the 0.5918–0.5920 resistance zone The Daily chart suggests a potential long-term trend shift, but the H4 RSI shows bearish divergence, signaling short-term exhaustion. A clean break above 0.5920 would accelerate the move toward 0.5950. Inability to hold the level, followed by a break below 0.5873, […]
The post NZD/USD Technical Outlook: Bulls Stare Down Major Resistance, Bullish Bias Hinges on the 0.5821 Pivot appeared first on ActionForex.
