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June 2, 2025

NZD/USD Price Forecast: Testing Key Resistance at 0.6030

The New Zealand Dollar is showing strong performance today, bouncing back with support from a weaker US Dollar. The price is retracing last week’s losses and currently testing the critical resistance level of 0.6030. If bulls succeed in pushing above this level, it opens the pathway for further gains, potentially targeting 0.6090 next. Traders should watch this resistance closely as it serves as an essential hurdle for the Kiwi’s upward trajectory. Remaining attentive to market dynamics can provide traders with advantageous positions in this evolving landscape.

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