NZD/USD Price Forecast: Bulls eye 0.6000 after SMA break

Published Jul 31, 2026 4:15 PM Last refreshed Jul 31, 2026 5:01 PM Source: EODHD Event Time: Jul 31, 2026 4:15 PM

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NZD/USD Price Forecast: Bulls eye 0.6000 after SMA break

Source: EODHD - https://www.fxstreet.com/news/nzd-usd-price-forecast-bulls-eye-06000-after-sma-break-202607312015
Published: Jul 31, 2026 4:15 PM

The Kiwi Dollar extends its three-day rally, climbing above 0.5850 and is poised to challenge 0.5900 amid improving risk appetite and broad US Dollar weakness. The clearance of the 200-day Simple Moving Average (SMA) supports the bullish trend, as traders eye the May monthly high at 0.5995.

Market context: This update is relevant to NZD traders, with NZDUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.