Anna 
The NZD/USD pair closed the week with a modest decline of 0.21% as buying interest appeared to wane, hinting at a potential shift towards bearish sentiment despite the overall positive short-term outlook.
Key technical indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are suggesting a flattening trend and slowing momentum in the market. While the RSI remains in the neutral zone with a positive bias, its lack of upward movement implies a potential consolidation phase. Similarly, the MACD indicator is showing decreasing green bars, indicating a decline in bullish momentum.
Although the current trend momentum appears sluggish, the short-term outlook for the NZD/USD pair remains largely intact. Traders will closely monitor key support levels and further market developments to gauge the potential direction of the currency pair amidst the evolving technical signals.
