Kiwi consolidates within a flat correction before further rally [Video]

The Kiwi (NZDUSD) made a very strong recovery, clearly in an impulsive price action from the recent 2025 lows at 0.55485, and this impulse suggests the pair has likely bottomed, especially with a decisive move above the 0,5854 bullish level which we see it as a first leg A/1. So, after a corrective retracement in wave B/2, which looks to be still in progress as a larger abc flat correction that can retest 0,58 support area, we certainly expect much higher prices within wave C or 3, possibly even up to 0.62, particularly as the daily chart shows a clean breakout from an ending diagonal.

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NZDUSD 4H Chart

RBNZ cuts cash rate by 25bp vs. 25bp expected, so the Kiwi(NZDUSD) can be still looking lower within wave »c« down to 0,58x support area to a complete an abc flat correction on the intraday basis before bulls show up again.

NZDUSD 2H Chart

For a detailed view and more analysis like this, you may want to watch below our latest recording of a live webinar streamed on May 26 2025:

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