NZD/USD Intraday Signal: Upside Potential Toward 0.5986
NZD/USD holds a bullish bias as long as the pivot level at 0.5926 acts as support. The RSI is above 50, indicating positive momentum, while the MACD is positive but still below its signal line — a mixed configuration suggesting potential retracement before further gains. Price action remains supported by trading above both the 20- and 50-period moving averages (0.5946 & 0.5939). If 0.5926 holds, the next upside targets are 0.5965 and 0.5986. A break below 0.5926 would shift the outlook bearish, exposing 0.5906 and 0.5894.
Enter: 0.5935
SL: 0.5906
Target A: 0.5965
Target B: 0.5986