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fxJul 31, 2026, 7:54 AM

NZD/USD Steady Near 8-Week Highs, Support at 0.5860 Holds

The New Zealand Dollar remains steady near eight-week highs against the US Dollar, with declines limited above the 0.5860 level, which previously acted as resistance.

NZDUSD

The New Zealand Dollar edged down against the US Dollar on Friday, yet remains close to its highest levels in eight weeks near 0.5885. Downside moves have been contained above the 0.5860 mark, a level that previously served as resistance and is now acting as support for the pair.

Bears have been unable to push the pair below this threshold, keeping the near-term outlook steady.

Source: FXStreet Forex News