Published: 2026-08-07T00:44:19.000Z
Chart NZD/USD Update: Leaning lower in range
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Leaning lower in range from from the .5908 Monday's high as prices consolidate gains from the .5762 low of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6000/13 | * | congestion, 26 Feb high | S1 | .5850 | * | congestion | |
| R3 | .5995 | ** | May high | S2 | .5815/00 | * | May low, congestion | |
| R2 | .5950 | * | congestion | S3 | .5770/62 | ** | congestion, 23 Jul low | |
| R1 | .5900 | * | congestion | S4 | .5750 | * | congestion |
Asterisk denotes strength of level
00:40 GMT - Leaning lower in range from from the .5908 Monday's high as prices consolidate gains from the .5762 low of last week. Support starts at the .5850 congestion where break will open up room for corrective pullback to support at the .5815/.5800, May low and congestion area. Consolidation is expected to give way to renewed buying interest later to extend bullish gains from the .5625 June current year low. Above .5900 will see scope to target .5930/50 congestion area with potential for extension to retest the .5995, May high.