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04.08.2025 08:14 AM
The appearance of a divergence indicates potential strengthening for the Kiwi in the near future, Monday, August 4, 2025.

NZD/USD – Monday, August 4, 2025.

Although both EMAs are still forming a Death Cross, the appearance of a divergence on the RSI(14) indicator, which is also at the Neutral-Bullish level, provides an opportunity for the Kiwi to strengthen today.

Key Levels

1. Resistance 2: 0.5967.

2. Resistance 1: 0.5938.

3. Pivot: 0.5895.

4. Support 1: 0.5866.

5. Support 2: 0.5823.

Tactical Scenario

Positive Reaction Zone: If the price breaks through and closes above 0.5938 level, the Kiwi will continue to strengthen to 0.5967.

Momentum Extension Bias: If the 0.5967 level is broken and closes above it, the NZD/USD will continue to strengthen to 0.6010.

Invalidation Level / Bias Revision

Upside bias weakens when the price weakens again and breaks through and closes below 0.5823.

Technical Summary

EMA(50): 0.5896.

EMA(200): 0.5916.

RSI(14): 58.05.

Economic News Release Schedule:

When the US market opens tonight, the US-US-Factory Orders data will be released m/m at 21:00 WIB.

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