Higher lows off late-June base within broad range.
NZDUSD has clawed back from the late-June base near 0.5626, printing a chain of higher lows and now trading above both D1 EMAs as RBNZ/Fed divergence keeps the Kiwi bid after this week's marginal CPI beat. Price stalls at the 0.5865 monthly high, which aligns with the 61.8% retracement of the 0.5994–0.5626 decline. RSI near 60 confirms firm momentum but no overbought reading yet.
Support: 0.5840, 0.5762, 0.5626
Resistance: 0.5865, 0.5900, 0.5994
What it said to watch
Daily close above 0.5865 opens the path to 0.5900
Failure to hold 0.5840 breaks the rising-low sequence
Fed July decision could reset the USD side of this read
21:04 UTC
Recovery off June lows, testing resistance · RSI 61 · price 0.58523
Higher lows since mid-June, capped at 0.5865.
Kiwi has clawed back from the June low near 0.5626, building a chain of higher lows and reclaiming both EMAs on D1 through early July — a rounded-bottom recovery underpinned by RBNZ/Fed policy divergence after this week's hot NZ CPI. Price now sits at the 0.5865 seven-week high after retracing roughly 62% of the May-June decline. The last four sessions have coiled between 0.5830 and 0.5865, momentum flattening just below the monthly ceiling.
Support: 0.5830, 0.5760, 0.56262
Resistance: 0.5865, 0.5900
What it said to watch
Clean D1 close above 0.5865 opens the path toward 0.5900
Failure to hold 0.5830 support reopens the 0.5760 prior swing
Fed July decision could materially shift the USD side of this read