NZD/USD broke out of a symmetrical broadening wedge and rallied above $0.5720. During a period of uncertainty, the price dipped to a significant support zone between $0.55 and $0.56. Trump-related volatility triggered sharp moves, but buyers stepped in near $0.55. The pair surged past $0.5890 and now consolidates above this level. The RSI remains stable at nearly 50, showing balanced momentum. A hold above $0.5890 may lead to a retest of $0.60, while a drop below $0.5890 could weaken the trend.
