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NZDUSD rises due to the stability of significant support -Analysis-30-07-2025
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NZDUSD rises due to the stability of significant support -Analysis-30-07-2025
Jul 29, 2025 10:46 PM

The (NZDUSD) price rose in its last intraday trading, due to the stability of the significant support level at 0.5940, this support was our target yesterday, providing positive momentum that assisted it to recover some of its previous losses, and offloading some of its oversold conditions on the (RSI), to notice reaching exaggerated oversold levels compared to the price move, indicating the decline of the bullish momentum, amid the dominance of the main bearish trend and the dominance of a minor bearish wave on the short-term basis.

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