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Published: 2026-01-09T00:47:52.000Z

Chart NZD/USD Update: Pressure .5755/35 support

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Under pressure as prices extend pullback from the .5810 high to retest strong support at the .5755/35 area

 LevelsImpComment  LevelsImpComment
R4 .5910*61.8% Jul/Nov fall S1 .5735**19 Dec low, 38.2%
R3 .5850/55*50%, 1 Aug low S2 .5715/00*50%, congestion
R2 .5830*11 Dec high S3 .5685*61.8% Nov/Dec rally
R1 .5800*congestion S4 .5650 congestion

Asterisk denotes strength of level

00:40 GMT - Under pressure as prices extend pullback from the .5810 high to retest strong support at the .5755/35 area. Daily studies are tracking lower and suggest risk for break here to open up room for deeper pullback to .5715/00, 50% Fibonacci level and congestion area. Corrective pullback is expected to give way to renewed buying interest later and above the .5800 level will clear the way for retest of the .5830 and .5850/55 resistance. Clearance of these will extend the broader gains from .5578 November low to retrace losses from the .6120, July 2025 year high.

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Topics
NZD/USD-TA
DM-Technical
Technical Analysis

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