Published: 2026-04-15T00:50:40.000Z
Chart NZD/USD Update: Consolidating, room for higher later
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Settled back in consolidation at the .5900 level following rejection from the .5920 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6050 | * | congestion | S1 | .5850 | * | congestion | |
| R3 | .6000/10 | * | congestion, 26 Feb high | S2 | .5800/95 | * | congestion, 13 Apr low | |
| R2 | .5930/50 | ** | Feb low, congestion | S3 | .5750 | * | congestion | |
| R1 | .5920 | 14 Apr high | S4 | .5680 | ** | 3 Apr YTD low |
Asterisk denotes strength of level
00:40 GMT - Settled back in consolidation at the .5900 level following rejection from the .5920 high as prices unwind overbought intraday studies. Daily studies are stretched as well and nearby see strong resistance at .5930/50 area limiting gains for now. However, consolidation expected to give way to renewed strength later to extend bullish gains from the .5680 low. Higher will see room to the .6000 figure. Meanwhile, support remain at the .5850 congestion. Below this will delay bulls and see room for deeper pullback to the .5800/.5795 congestion and 13 April low.