NZD/USD Live Rate: Kiwi Tests Key Resistance vs Greenback
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The New Zealand dollar continues to trade in a tight band against the US dollar, with the pair struggling to clear a well-defined resistance zone that has capped rallies over recent sessions.
Momentum indicators suggest indecision, as the kiwi lacks a decisive catalyst to break higher, while dip-buyers continue to defend nearby support on pullbacks.
A confirmed close above resistance could open the door to extended gains, whereas failure to break higher risks a retest of lower support levels in the near term.