Published: 2026-01-13T00:47:30.000Z
Chart NZD/USD Update: Room to extend bounce from .5715/00 support
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Turned up from from strong support at the .5715/00 area as prices unwind oversold intraday and daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5910 | * | 61.8% Jul/Nov fall | S1 | .5735 | * | 19 Dec low | |
| R3 | .5850 | ** | congestion, 50% | S2 | .5715/00 | ** | 50%, congestion | |
| R2 | .5830 | * | 11 Dec high | S3 | .5685 | * | 61.8% Nov/Dec rally | |
| R1 | .5800 | ** | Aug low, congestion | S4 | .5650 | congestion |
Asterisk denotes strength of level
00:35 GMT - Turned up from from strong support at the .5715/00 area as prices unwind oversold intraday and daily studies and consolidate losses from the .5850 December high. Break above resistance at the .5755 congestion see room for stronger gains to the .5800 level which is expected to cap. Would need to regain the latter to clear the way for retest of resistance at .5830/.5850 area and extend the broader gains from .5578 November low to retrace losses from the .6120, July 2025 year high. Meanwhile, support is raised to .5735 which extend to the .5715/00 area, now seen protecting the downside.