Published: 2026-09-08T00:40:22.000Z
Chart NZD/USD Update: Drifting narrowly below .5900
1
Little change, as prices extend consolidation within the .5900/.5850 range area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5988 | ** | Aug high | S1 | .5850 | * | congestion | |
| R3 | .5950 | * | congestion | S2 | .5815/00 | ** | May low, congestion | |
| R2 | .5930 | 1 Sep high | S3 | .5762 | * | 23 Jul low | ||
| R1 | .5900 | * | congestion | S4 | .5750 | * | congestion |
Asterisk denotes strength of level
00:30 GMT - Little change, as prices extend consolidation within the .5900/.5850 range area. Mixed intraday and daily studies suggest sideways ranging action likely to extend. Would take break above the .5900 level to extend bounce from the .5800 low of last week. Above the .5900/30 resistance will revive upside focus and see room extension to retest .5950 congestion then the .5988 high. Meanwhile, support remains at the .5850 congestion which should underpin and sustain bounce from the .5815/00 support.