The NZD/USD currency pair remains above the crucial 0.5950 level after experiencing a retreat from earlier gains. Economic data released from New Zealand has been weaker than expected, leading to uncertainty among traders. As investors await the latest US Personal Consumption Expenditures (PCE) data, which could impact market sentiment, the currency pair could experience further volatility. Analysts recommend staying alert to changing data that may affect the NZD/USD trajectory. Investors need to keep an eye on developments to navigate potential shifts effectively.