NZD/USD: technical analysis

2026. 11. 10. 오전 10:48:37

Current trend

The NZD/USD pair is moving within a long-term downward trend, forming a corresponding channel. At the beginning of last month, the price completed another decline cycle and is now testing the lower border of the range. Against strong October US labor market data published last week, the price is trying to consolidate below 0.5554 (Murrey [–1/8]), after which reaching the target of 0.5371 (Murrey [4/8], W1) is expected. However, in case of a breakout above 0.5737 (Murrey [2/8]), resumption of growth towards 0.5920 (Murrey [5/8], upper border of the downward channel) and 0.5981 (Murrey [6/8]) is likely.

Technical indicators do not give a single signal: the Bollinger Bands are turning horizontally after a decline, the MACD histogram is decreasing in the negative zone and forming a “bullish” divergence with the price chart, and Stochastic is directed upwards from the oversold zone. On the weekly chart, the Bollinger Bands are decreasing, confirming the probability of a downward trend formation in the medium term.

Support and resistance

Resistance levels: 0.5737, 0.5920, 0.5981.

Support levels: 0.5554, 0.5371.

Trading tips

Short positions could be formed below the level of 0.5554 or upon a reversal around 0.5737 with the target at 0.5371 and stop losses near the levels of 0.5645 and 0.5820, respectively. Implementation period: 5–7 days.

시나리오

타임프레임	Weekly
추천	SELL STOP
진입 지점	0.5554
Take Profit	0.5371
Stop Loss	0.5645
지지선	0.5371, 0.5554, 0.5737, 0.5920, 0.5981

대체 시나리오

추천	SELL LIMIT
진입 지점	0.5737
Take Profit	0.5371
Stop Loss	0.5820
Stop Loss	0.5371, 0.5554, 0.5737, 0.5920, 0.5981