NZD/USD Price Analysis: Kiwi extends losses toward mid-0.5600s as bearish tone prevails
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The NZD/USD currency pair is experiencing a continued bearish trend, trading in the mid-0.5600s. Technical indicators like MACD and RSI suggest a negative sentiment, with key moving averages sloping downward. Support levels are expected below 0.5670, while resistance remains near 0.5700-0.5710.
March 31, 2025 | 10:45 pm
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NEGATIVE IMPACT
NZD/USD shows persistent bearish momentum with technical indicators confirming downward trend. Short-term outlook remains negative.
Multiple technical indicators (MACD, RSI) and moving averages confirm bearish trend, suggesting potential further decline in the currency pair.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100