NZD/USD is showing bullish momentum above the long-term support levels.
The 4-hour chart for NZD/USD shows that the price is forming strong bullish price action after rebounding from the long-term support at the $0.5500 level. The pivotal level remains $0.6020; a break above this level would signal further upside. Continued bullish momentum in NZD/USD could also support upside in AUD/USD.
