NZDUSD has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 0.5917 may materialize within the next 5 hours.
NZDUSD broke through a resistance at 2025-08-05T22:45:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 0.5917.
