Published: 2026-05-21T00:39:55.000Z
Chart NZD/USD Update: Turned up in range from .5815 support
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Higher in range as prices held firm at the .5815 support to consolidate losses from the .5990, 6 May high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6000/13 | * | congestion, 26 Feb high | S1 | .5815 | ** | 29 Apr low | |
| R3 | .5990 | ** | 6 May high | S2 | .5800 | * | congestion | |
| R2 | .5930 | ** | Feb low, congestion | S3 | .5750 | * | congestion | |
| R1 | .5900 | * | congestion | S4 | .5700 | * | congestion |
Asterisk denotes strength of level
00:30 GMT - Higher in range as prices held firm at the .5815 support to consolidate losses from the .5990, 6 May high. Negative daily and weekly studies suggest scope for break here later to open up room for deeper pullback to support at the .5800/.5750 congestion. Meanwhile, resistance remains at the .5900 level which is expected to cap bounce attempt. Would need to regain this and the .5930 resistance to fade the downside pressure and revive upside focus for retest of the .5990 high and further extend gains from the .5680 April current year low.