Published: 2026-08-26T00:42:07.000Z
Chart NZD/USD Update: Poised just below .5988 Friday's high
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Firm in range to keep pressure on the upside and scope for retest of the .5988 high of last Friday
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6092 | ** | 29 Jan YTD high | S1 | .5950 | * | congestion | |
| R3 | .6050 | * | congestion | S2 | .5900 | * | congestion | |
| R2 | .6000/13 | * | congestion, 26 Feb high | S3 | .5850 | * | congestion | |
| R1 | .5995 | ** | May high | S4 | .5815 | ** | May low |
Asterisk denotes strength of level
00:30 GMT - Firm in range to keep pressure on the upside and scope for retest of the .5988 high of last Friday. This is expected to give way to renewed buying interest later to extend bullish gains from .5625 June current year low to target the May high at .5995 and the .6000 figure. Clearance will see room for extension to the .6050 congestion but potential will be for retest of .6092 January current year high. Meanwhile, support remains at the .5950 level which should underpin and sustain bullish bounce the past two weeks. Break here will ease upside pressure and see consolidation towards .5900 support.