NZDUSD is attacking its current resistance – Analysis 08-08-2025

nzd_newsThe (NZDUSD) price rose in its last intraday trading, reaching the current resistance of 0.5970, which represents our yesterday’s suggested target, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a supportive bias line for this trend, with the continuation of the positive pressure that comes from its trading above EMA50, besides the emergence of the positive signals on the (RSI), after offloading its overbought conditions, providing more of the positive momentum.

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