Up to what price could NZD/USD go today?

The NZD/USD pair is currently trading at 0.60835. Based on the analysis and market sentiment, here are the potential price levels to consider: 1. **Immediate Resistance**: The immediate resistance level is at 0.6085, which is the high of August 14 and the upper boundary of the Bollinger Band. Breaking above this level could signal a continuation of the uptrend. 2. **Next Resistance**: The next significant resistance level is at 0.61, which is the expected rate by the end of this quarter according to Trading Economics. This level could be challenging to surpass without significant positive catalysts. 3. **Pivot Point**: The pivot point for the NZD/USD is at 0.6054, with a 52-week range of 0.5772 - 0.6410. This level acts as a support and resistance level, and its break could indicate a shift in market sentiment. 4. **Support Levels**: The support levels to watch are 0.5992 for a potential breakout level and 0.5970, which is a pullback support. These levels could be crucial if there is a bearish movement. Given the current sentiment and technical analysis, it is possible that the NZD/USD pair could go up to 0.61 or even higher if positive factors align. However, breaking above the 0.6085 resistance level and maintaining momentum would be crucial to confirm a continuation of the uptrend. Conversely, if the pair faces selling pressure and breaks below the 0.5992 support level, it could signal a potential bearish trend.