Published: 2025-09-15T00:40:27.000Z
Chart NZD/USD Update: Consolidating, room for higher
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Little change, as prices settled back from the .5980 high as prices consolidate gains from the .5830 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6120 | ** | 1 Jul YTD high | S1 | .5950 | * | congestion | |
| R3 | .6050/60 | * | congestion, 24 Jul high | S2 | .5915/00 | ** | 1 Sep high, congestion | |
| R2 | .6000 | ** | congestion | S3 | .5850/30 | * | congestion, Mar high | |
| R1 | .5980 | * | 11 Sep high | S4 | .5800 | ** | Aug low, 50% |
Asterisk denotes strength of level
00:35 GMT - Little change, as prices settled back from the .5980 high as prices consolidate gains from the .5830 low. This is expected to give way to renewed buying interest later as prices retrace the July/August losses. Higher will see room to target the .6000 level. Beyond this open up room to the .6050/60 area and see potential for retest of the .6100/20, July current year high. Meanwhile, support is at the .5950 congestion which extend to the .5915/00 area, which is expected to underpin and sustain gains from the .5800, August low.