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11.08.2025 07:37 AM
NZD/USD still has the opportunity to continue strengthening to its nearest resistance level. Monday, August 11, 2025.

[NZD/USD] – [Monday, August 11, 2025]

With both EMAs forming a Golden Cross and the RSI(14) indicator at the Neutral Bullish level, the Kiwi has the potential to strengthen today.

Key Levels

1. Resistance. 2 : 0.5976.

2. Resistance. 1 : 0.5963.

3. Pivot : 0.5952.

4. Support. 1 : 0.5939.

5. Support. 2 : 0.5928.

Tactical Scenario

Positive Reaction Zone: If the price breaks through and closes above 0.5952, there is an opportunity for the Kiwi to test 0.5963.

Momentum Extension Bias: If the 0.5963 level is successfully broken and closes above it, there is potential for NZD/USD to test the 0.5976 level today.

Level Invalidation / Bias Revision

Upside bias weakens when the price corrects downwards until it breaks through and closes below the 0.5928 level.

Technical Summary

EMA(50) : 0.5948.

EMA(200): 0.5935.

RSI(14) : 53.36.

Economic News Release Agenda:

There are no economic data releases from New Zealand today, but the US-Cleveland Fed Inflation Expectations data is due in the United States with a tentative release date.

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