Published: 2026-06-03T00:33:22.000Z
Chart NZD/USD Update: Consolidating above .5900
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Steady in consolidation above support at the .5900 level but a deeper pullback to retrace gains from .5815 low cannot be ruled out
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6092 | ** | 29 Jan YTD high | S1 | .5900 | * | congestion | |
| R3 | .6050 | * | congestion | S2 | .5850 | * | congestion | |
| R2 | .6000/13 | * | congestion, 26 Feb high | S3 | .5815 | ** | May low | |
| R1 | .5990 | ** | 6 May high | S4 | .5800 | * | congestion |
Asterisk denotes strength of level
00:30 GMT - Steady in consolidation above support at the .5900 level but a deeper pullback to retrace gains from .5815 low cannot be ruled out. Break here will open up room for further choppy trade back to retest support at the .5850 congestion and the .5815, May low. Meanwhile, resistance remains at the .5990 high. Would take break here to extend the April gains and see room to the .6000 figure and .6050 congestion though focus will return to the January current year high at .6092.