NZD/USD Price analysis: Kiwi extends losses to the medium of 0.5600s while a bassist tone prevails

• The NZD/USD is negotiated near the 0.5670 zone before the Asian session, sliding even more within Monday’s intradic range.
• The bearish bias is strengthened as the pair breaks below key averages while technical indicators remain negative.
• The support is below the recent minimums, while the resistance is aligned near the 0.5700–0.5710 congestion area.

The NZD/USD extended its fall in Monday’s session before the Asian opening, sliding towards the middle of 0.5600 and pressing in the lower half of the recent range. The PAR is still under pressure while the technical indicators show bearish signals, with sellers winning the advantage after a failed attempt to consolidate around the 0.5730 area.

Daily graph

Moving avenge convergence divergence (Macd) points out a new sales bias, while the relative force index (14) prints in 42.7 and gradually moves down. The Awesome Oscillator reflects a similar neutral tone, suggesting a short -term lack of bullish conviction.

From a trend perspective, the sales pressure is confirmed by key mobile averages. The simple mobile average (SMA) of 20 days in 0.57347, the 100 -day SMA at 0.57269 and the 200 -day SMA in the long term in 0.59120 have a descending slope, reinforcing a bearish structure. Additional short -term signals of the 10 -day EMA at 0.57267 and the 10 -day SMA at 0.57449 also support the downward perspective.

Down, the next support line could arise below 0.5670, with the minimums of previous oscillation and psychological barriers that will probably be tested. The resistance remains limited about 0.5700, followed by 0.57050 and 0.57084. A rupture above these levels could relieve short -term pressure, but the widest structure remains inclined down unless buyers recover ground above 20 and 100 days SMA.