Published: 2026-10-13T00:42:05.000Z
Chart NZD/USD Update: Under pressure
2
Under pressure as consolidation above the .5600 level has given way to selling pressure to retest the .5580/78 lows and lower channel support
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5700 | * | congestion | S1 | .5578 | ** | Nov 2025 low | |
| R3 | .5680 | ** | Apr low | S2 | .5550 | * | congestion | |
| R2 | .5650 | * | congestion | S3 | .5500 | ** | figure | |
| R1 | .5625 | ** | Jun low | S4 | .5485 | ** | 2025 year low |
Asterisk denotes strength of level
00:35 GMT - Under pressure as consolidation above the .5600 level has given way to selling pressure to retest the .5580/78 lows and lower channel support from the January high. Break here will extend losses from the .5988 August high and see room to the .5550 congestion and threaten retest of the .5500 figure then the critical .5485/.5470, 2025 and 2020 year lows. Meanwhile, resistance is lowered to the .5600/25 area which is expected to cap. Only above here will ese the downside pressure and stronger bounce to retrace losses from the August high.