Our pivot point is at 0.5890.
Our preference: The downside prevails as long as 0.5890 is resistance, with 0.5846 and 0.5835 as targets
Alternative scenario: above 0.5890, look for 0.5908 and 0.5919.
Comment: the RSI is below 30. It could either mean that the price is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is below its signal line and negative. The price stands below its 20 and 50 period moving average (respectively at 0.5876 and 0.5877). The NZD/USD is trading below its lower Bollinger band (standing at 0.5866).
Supports and resistances:
0.5919 **
0.5908 *
0.5890 **
0.5864 last
0.5846
0.5835 **
0.5824 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-08-2026 at 05:45 UTC+1
Price reference: 0.5864 last known on 09-08-2026 at 05:45 UTC+1
Investment horizon: INTRADAY
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