NZD/USD PRICE ANALYSIS: Kiwi expands its advance about 0.5800 with intact bullish technical signals

• The NZD/USD quotes near the 0.5800 zone on Thursday, extending the profits before the Asian session.
• The momentum remains positive with the MACD showing a purchase signal, while the RSI and other oscillators remain in neutral territory.
• The support is found at 0.5776 and 0.5749, while 0.5850 and the 200 -day SMA limit the bullish potential.

The NZD/USD pair continued his positive career on Thursday, remaining firm near the 0.5800 area and winning impulse before the Asian session. The price action remains contained within the upper section of the daily range, indicating a constant demand even when the short -term momentum indicators remain mixed. In general, the torque is backed by short -term key averages that are inclined in favor of greater rise.

Daily graph

From a technical perspective, the perspective leans towards the bullish. The convergence/divergence indicator of mobile socks (MACD) continues to show a purchase signal, while the relative force index (RSI) in 59.87 remains neutral but inclined up. Other oscillators such as the percentage range of Williams (WPR) in -27.16 and the average directional index (ADX) in 12.35 also reflect a neutral tone, indicating a lack of extreme conditions in the momentum.

The short -term key mobile averages, including the 10 -day exponential mobile average (EMA) at 0.57495, the simple mobile average (SMA) of 10 days in 0.57362, and the 20 -day SMA at 0.57449, suggest a rise support. The 100 -day SMA at 0.57199 reinforces the positive inclination. On the other hand, the 200 -day SMA in the long term at 0.59049 is presented as a key level of resistance, together with the area of ​​0.58517, which could limit the short -term bullish continuation.

The support is observed in 0.57766, followed by 0.57629 and 0.57495. These levels could cushion any setback if the momentum stops. In general, although the torque remains rising, additional gains may depend on a break over the 200 -day SMA, which would even more strengthened the upward case.