NZD/USD Intraday Signal: Upside Toward 0.6000 While Above 0.5942
NZD/USD maintains a bullish structure as long as the pivot at 0.5942 holds. The RSI is above 50, and the MACD is positive and above its signal line, confirming bullish momentum. Additionally, price trades above both the 20- and 50-period moving averages (0.5958 and 0.5956), reinforcing the positive bias. As long as 0.5942 acts as support, upside targets stand at 0.5980 and 0.6000. A break below 0.5942 would shift the outlook bearish toward 0.5922 and 0.5910.
Enter: 0.5950
SL: 0.5922
Target A: 0.5980
Target B: 0.6000