NZD/USD remains subdued below 0.5900 as market caution lifts US Dollar
Reversal patterns emerged across several major dollar pairs on Thursday, including AUD/USD and NZD/USD, as a fresh lift in crude oil futures and another solid US labour market report helped swing momentum back towards the greenback.
NZD/USD faces its sternest test yet at the 0.5918-0.5920 resistance cluster. This technical analysis explores whether bulls can force a structural breakout or if H4 RSI divergence will trigger a corrective pullback to 0.5821.
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