Published: 2026-09-15T00:50:25.000Z
Chart NZD/USD Update: Consolidating test of .5762/50 support
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Consolidation around the .5800 level has given way to fresh selling pressure to reach support at the .5762/50 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5930 | 1 Sep high | S1 | .5762 | * | 23 Jul low, 61.8% | ||
| R3 | .5900 | ** | congestion | S2 | .5750 | * | congestion | |
| R2 | .5850 | * | congestion | S3 | .5700 | * | congestion | |
| R1 | .5800 | * | congestion | S4 | .5680 | ** | Apr low |
Asterisk denotes strength of level
00:45 GMT - Consolidation around the .5800 level has given way to fresh selling pressure to reach support at the .5762/50 area. Intraday studies have turned up from oversold areas with daily studies stretched as well and caution corrective bounce. However, negative weekly studies keep pressure on the downside and a later break here cannot be ruled out to extend losses from the August high. Meanwhile, resistance is lowered to the .5800 congestion. Above here will ease the bearish pressure and open up room for consolidation towards the .5850.