The NZD/USD currency pair has gained momentum for the second consecutive day, reaching a three-week high near the 0.5775 mark during the early European sessions on Monday. This positive momentum suggests that spot prices have confirmed a breakout from a one-week trading range. Analysts note that the bearish sentiment surrounding the US Dollar (USD) could drive further appreciation of the Kiwi dollar. Traders are advised to monitor this trend closely, as it may present excellent trading opportunities.