New Zealand Dollar Tests Resistance

NZD/USD trades at 0.5789, near key resistance level The New Zealand Dollar has gained over 0.30% against the US Dollar. The NZD/USD pair is testing key resistance levels, with the 50-day Simple Moving Average at 0.5793. A breach of the 0.5800 level could ex

NZD/USD trades at 0.5789, near key resistance level

The New Zealand Dollar has gained over 0.30% against the US Dollar.

The NZD/USD pair is testing key resistance levels, with the 50-day Simple Moving Average at 0.5793.

A breach of the 0.5800 level could expose the confluence of the 100- and 200-day Simple Moving Averages at 0.5823/24.

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