Published: 2026-04-13T00:51:22.000Z
Chart NZD/USD Update: Lower opening to consolidate at .5800 level
-
Lower opening has seen pullback to .5795 low before turning higher as gap at .5832 low of Friday attracts
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6000 | * | congestion | S1 | .5800 | * | congestion | |
| R3 | .5928/50 | ** | Feb low, congestion | S2 | .5750 | * | congestion | |
| R2 | .5892 | * | 19 Mar high | S3 | .5700 | congestion | ||
| R1 | .5850 | * | congestion | S4 | .5680 | ** | 3 Apr YTD low |
Asterisk denotes strength of level
00:30 GMT - Lower opening has seen pullback to .5795 low before turning higher as gap at .5832 low of Friday attracts. However, lower high at the .5892 high of last week threatens deeper pullback to retrace gains from the .5680 current year low. Lower will see room to support at the 5750 congestion. Break here will return focus to the downside and threatens retest of support at the .5700/.5680 congestion and 3 April YTD low. Meanwhile, resistance at the .5850 congestion and .5874 high of last week now expected to cap.