NZD/USD seems vulnerable near multi-month low, holds above 0.5900 amid softer USD – FXStreet

The New Zealand Dollar (NZD) against the US Dollar (USD) appears to be at risk near its multi-month low, but is currently holding above the 0.5900 level amidst a weaker USD. The NZD/USD pair is showing vulnerability in the market, with the USD losing strength. The pair has managed to stay above the key support level of 0.5900, indicating some resilience from the NZD. Traders are closely monitoring the situation as the NZD/USD pair remains in a delicate position.