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Published: 2026-04-29T00:33:23.000Z

Chart NZD/USD Update: Extend choppy trade within .5930/.5840 area

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Little change, as prices extend choppy trade within the .5930/.5840 area

 LevelsImpComment  LevelsImpComment
R4 .6050*congestion S1 .5850/40**congestion, 200-day MA
R3 .6000/10*congestion, 26 Feb high S2 .5800/95*congestion, 13 Apr low
R2 .5950*congestion S3 .5750*congestion
R1 .5930**Feb low S4 .5680**3 Apr YTD low    

Asterisk denotes strength of level

00:25 GMT - Little change, as prices extend choppy trade within the .5930/.5840 area to consolidate gains from the .5680, 3 April current year low. This is expected to give way to break later to further retrace the January/April losses. Clearance will see room for extension to resistance at the .5950 congestion and resistance at the .6000/10 figure and 26 February high. Beyond this will return focus to the .6050/92 congestion and 29 January YTD high. Meanwhile, support at the .5850/40 congestion and 200-day MA should underpin and sustain gains from the .5680 low. 

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Topics
NZD/USD-TA
DM-Technical
Technical Analysis

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