Published: 2026-01-06T00:34:09.000Z
Chart NZD/USD Update: Room to extend bounce from .5755/35 support
1
Held firm above support at the .5755/.5735 area as prices consolidate pullback from the .5855, December high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5910 | * | 61.8% Jul/Nov fall | S1 | .5755 | * | Sep low | |
| R3 | .5850/55 | * | 50%, 1 Aug low | S2 | .5735 | ** | 19 Dec low, 38.2% | |
| R2 | .5830 | * | 11 Dec high | S3 | .5715/00 | * | 50%, congestion | |
| R1 | .5800 | * | congestion | S4 | .5685 | * | 61.8% Nov/Dec rally |
Asterisk denotes strength of level
00:30 GMT - Held firm above support at the .5755/.5735 area as prices consolidate pullback from the .5855, December high. Bounce see resistance at the .5800 level and regaining this will return focus to the upside for retest of the .5830 and .5850/55 resistance. Clearance here will see resumption of the broader gains from .5578 November low to retrace losses from the .6120, July 2025 year high. Meanwhile, support at the .5755/35 area should underpin. Would take break here to open up room for deeper pullback to support at the .5715/00 area and .5685, 61.8% Fibonacci level.