Published: 2026-07-03T00:42:40.000Z
Chart NZD/USD Update: Consolidating, room for higher later
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No follow-through on break above strong resistance at the .5680/.5700 area as prices settled back in consolidation from the .5715 bounce high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5800/15 | ** | congestion, May low | S1 | .5680 | * | Apr low | |
| R3 | .5770/80 | ** | 11, 8 Jun lows | S2 | .5650 | congestion | ||
| R2 | .5750 | * | congestion | S3 | .5625 | ** | 26 Jun YTD low | |
| R1 | .5700 | * | congestion | S4 | .5600 | * | congestion |
Asterisk denotes strength of level
00:35 GMT - No follow-through on break above strong resistance at the .5680/.5700 area as prices settled back in consolidation from the .5715 bounce high. However, rising momentum studies suggest scope for stronger gains to retrace losses from the May high. Above the .5700 level will open up room for stronger recovery to the .5750 congestion then the .5770/80 area. Meanwhile, support at .5680 should now underpin and sustain bounce from the .5625 low. Failure here, will extend the January losses and see room to .5600/.5578, channel support and November low.