NAD/USD Price & Performance (NADUSD)

The NZDUSD currency pair has successfully held the 200-bar moving average on the 4-hour chart for the fourth time, underscoring its role as a crucial support level. Buyers have pushed the pair above the 100-day moving average, but momentum remains cautious as traders watch for a break of upper resistance levels.1

The New Zealand dollar rebounded to $0.574 after five days of losses, supported by hopes for US tariff exemptions. Despite this, caution lingers due to potential new tariffs and expected monetary easing by the RBNZ. Additionally, anticipated Chinese economic stimulus may provide further support for the Kiwi.2