NZD/USD Price Forecast: Remains below 0.5950, resistance appears at nine-day EMA – FXStreet
The NZD/USD price forecast continues to stay below 0.5950, with resistance seen at the nine-day EMA. This indicates that the New Zealand dollar is facing challenges in gaining strength against the US dollar. Traders should keep a close eye on this level as it could act as a barrier for further upside movement. The current trend suggests that the NZD/USD pair may struggle to break above this resistance in the near future.