NZD/USD Approaches Key Resistance Level – Market Outlook for 16/10/2025

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NZD/USD posted strong intraday gains in its latest session, supported by bullish signals from relative strength indicators after easing overbought conditions. This opened the path for the pair to retest the key resistance at 0.5755, aligning with a test of the EMA50 resistance and a retest of the primary short-term bearish trendline.

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