Summary

• 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, risks a corrective slide back to the major support pivot at 0.5821.

By Zain Vawda

The New Zealand dollar may be about to face its sternest test yet. The pair has to grapple with a cluster of technical resistance levels around the 0.5918-0.5920 zone. The question for the

861 Followers