NZDUSD Eyes 0.5730 Rebound as Dollar Weakens Near DXY Resistance

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NZDUSD Eyes 0.5730 Rebound as Dollar Weakens Near DXY ResistanceNZD/USDOANDA:NZDUSDJoeChampionHey Traders, In today's trading session, we are monitoring NZDUSD for a buying opportunity around the 0.57300 zone. The pair has been moving within a descending channel and is now approaching the lower boundary, suggesting potential for a technical rebound from channel support. From a macro perspective, the bearish bias on the U.S. Dollar—driven by the ongoing government shutdown and sustained pressure near the 98.800 resistance on DXY—could further support upside momentum in NZDUSD. Trade safe, Joe.