Published: 2026-09-10T00:43:52.000Z
Chart NZD/USD Update: Under pressure
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Leaning lower following rejection from the .5900 level last Friday and subsequent break of support at .5850 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5950 | * | congestion | S1 | .5815/00 | ** | May low, congestion | |
| R3 | .5930 | * | 1 Sep high | S2 | .5762 | * | 23 Jul low | |
| R2 | .5900 | ** | congestion | S3 | .5750 | * | congestion | |
| R1 | .5850 | * | congestion | S4 | .5700 | * | congestion |
Asterisk denotes strength of level
00:30 GMT - Leaning lower following rejection from the .5900 level last Friday and subsequent break of support at .5850 congestion. Daily and weekly studies have turned down and suggest room for retest of strong support at the .5815/.5800 congestion area. Break here will see deeper pullback to retrace gains from the June low towards support at the .5762/.5750 area. Meanwhile, resistance is lowered to the .5850/.5900 congestion area. Would take break above here to fade the downside pressure and revive upside focus and open up room extension to retest .5950 congestion then the .5988 high.