NZD/USD Technical Analysis – Bullish Price Action

news_22_feb_nzd_usd_2NZD/USD constructs bullish price action above 0.60.

The 4-hour chart for NZD/USD shows that the pair has established strong bullish price action above the 0.5850 level. The increase in tariffs has triggered downward pressure on the US Dollar, fueling bullish momentum in NZD/USD.

The formation of multiple bottoms above 0.5850 indicates a solid bullish structure. The pair is now forming a strong base at 0.60, which could push the price toward the 0.61 level.

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