Published: 2026-11-10T00:53:06.000Z
Chart NZD/USD Update: Extending bounce from .5527 low
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Sharply higher to extend bounce from Friday's current year low at .5527 to retest strong resistance at the .5625/50 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5750 | * | congestion | S1 | .5578 | * | Nov 2025 low | |
| R3 | .5700/10 | ** | congestion, Oct high | S2 | .5550 | * | congestion | |
| R2 | .5680 | * | Apr low | S3 | .5527 | ** | 6 Nov YTD low | |
| R1 | .5625/50 | ** | Jun low, congestion | S4 | .5512 | ** | Oct 2022 year low |
Asterisk denotes strength of level
00:40 GMT - Sharply higher to extend bounce from Friday's current year low at .5527 to retest strong resistance at the .5625/50 area. Daily studies have turned up from oversold areas and suggest scope for break here to open up room for stronger recovery to resistance at .5680 then the .5700/10 congestion and October high. Meanwhile, support is raised to the .5600/.5578 area which should underpin. Failure here will return focus to the downside for retest of the .5527 low. Below here will see scope to retest strong support at .5512 and extending to .5485/.5470, 2025/2020 year lows.