The 4-hour chart for NZD/USD shows that the pair has been consolidating within a broad range while maintaining a bullish structure. The strong rebound from the long-term support at the $0.55 level during Trump’s tariffs has established a solid bullish case for NZD/USD. This bullish momentum has developed following significant bearish pressure on the US Dollar Index.
Key support for NZD/USD remains at 0.5870. As long as the pair stays above this level, it is likely to trade higher toward 0.6120. A break above 0.6120 would be bullish and could drive the pair to further highs. The emergence of rounding bottoms above 0.5870 since May 2025 has strengthened the bullish outlook for NZD/USD. Therefore, any correction in the pair is considered a buying opportunity.
