Published: 2026-06-26T00:41:30.000Z
Chart NZD/USD Update: Range-bound above .5630 low
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Little change, as prices holds a narrow range above the mid-week .5630 current year low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5770 | ** | 11 Jun low | S1 | .5630 | * | 24 Jun YTD low | |
| R3 | .5750 | * | congestion | S2 | .5600 | * | congestion | |
| R2 | .5700 | * | congestion | S3 | .5578 | ** | Nov low | |
| R1 | .5680 | ** | Apr low | S4 | .5550 | congestion |
Asterisk denotes strength of level
00:35 GMT - Little change, as prices holds a narrow range above the mid-week .5630 current year low. Consolidation here see prices unwinding oversold intraday studies but a later break here cannot be ruled out. Lower will see extension for extension to .5600 then the .5578 low of November. Would expect reaction at these levels as daily and weekly studies extend into oversold areas. Meanwhile, resistance remains at the .5680/.5700 April low and congestion area. Would need to regain these to ease the downside pressure and sets up room for stronger bounce to .5750/70 resistance.