“NZD/USD Extends Its Decline – Analysis – 05 November 2025”

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**“The NZD/USD pair extended its decline during the latest intraday session, breaking below the 0.5650 support level — our previously identified target. The continued downside pressure is driven by the pair’s movement beneath the 50-day EMA and the dominance of the overall short-term bearish trend, with price action remaining aligned with the descending trendline.

On the other hand, the relative strength indicators have entered oversold territory, suggesting that the downside momentum may ease temporarily in the coming period.”**

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