Published: 2026-04-27T00:37:22.000Z
Chart NZD/USD Update: Steadied at .5850/40, congestion and 200-day MA
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Steadied at the .5850/40 congesion and 200-day MA as prices consolidate the April gains from .5680 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6000/10 | * | congestion, 26 Feb high | S1 | .5850 | * | congestion | |
| R3 | .5950 | * | congestion | S2 | .5800/95 | * | congestion, 13 Apr low | |
| R2 | .5930 | ** | Feb low | S3 | .5750 | * | congestion | |
| R1 | .5900 | congestion | S4 | .5680 | ** | 3 Apr YTD low |
Asterisk denotes strength of level
00:30 GMT - Steadied at the .5850/40 congesion and 200-day MA as prices consolidate the April gains from .5680 low. Lower will open up room for deeper pullback to the .5800/.5795 congestion and 13 April low. However, consolidation is expected to give way to renewed buying interest later for retest of the .5900 level and .5930 resistance. Break of these will extend the April gains and see extension to .5950 congestion. Higher still, will see room for gains to target the .6000/10 figure and 26 February high.