Published: 2025-12-19T00:29:07.000Z
Chart NZD/USD Update: Leaning lower
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Little change, as prices holds steady above the .5755/50 area to consolidate pullback from the .5830 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5910 | * | 61.8% Jul/Nov fall | S1 | .5755/50 | * | Sep low, congestion | |
| R3 | .5850/55 | ** | 50%, 1 Aug low | S2 | .5700/.5682 | ** | congestion, Oct low | |
| R2 | .5830 | * | 11 Dec high | S3 | .5650 | * | congestion | |
| R1 | .5800 | * | congestion | S4 | .5606 | 7 Nov low |
Asterisk denotes strength of level
00:25 GMT - Little change, as prices holds steady above the .5755/50 area to consolidate pullback from the .5830 high. However, break lower not ruled out to open up room for deeper pullback to retrace rally from the .5578 November low. Lower will see potential to strong support at the .5700/.5682 area. Corrective pullback expected to give way to renewed buying interest later. Break above resistance at the .5800 congestion will see room for retest of .5830 high and extension to strong resistance at the .5850/55, 50% Fibonacci level and 1st August low.