NZD/USD consolidates near the 0.6090 resistance and appears poised for a breakout.
The 4-hour chart for NZD/USD shows that the pair is trading within the 0.5850 to 0.6090 range. Strong price action near the 0.5850 level suggests bullish momentum and indicates a potential breakout above 0.6090. A break above this level would likely trigger a strong move to the upside.
The presence of multiple rounding bottoms near 0.5850 further supports the likelihood of continued upward movement.
