NZD/USD Technical Analysis – Consolidation
The 4-hour chart for NZD/USD shows that the pair is consolidating above the strong support at $0.5890 and looks set to trade higher. It found support between $0.55 and $0.56 in the long-term zone, suggesting the potential for continued upside.
A break above $0.60 will confirm sustained bullish momentum in NZD/USD.
