Published: 2026-05-25T00:34:43.000Z
Chart NZD/USD Update: Firm in range to approach .5900
-
Gapped up at the opening on intraday chart see prices back above .5850 congestive support to approach the .5900 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6000/13 | * | congestion, 26 Feb high | S1 | .5815 | ** | 29 Apr low | |
| R3 | .5990 | ** | 6 May high | S2 | .5800 | * | congestion | |
| R2 | .5930 | ** | Feb low, congestion | S3 | .5750 | * | congestion | |
| R1 | .5900 | * | congestion | S4 | .5700 | * | congestion |
Asterisk denotes strength of level
00:25 GMT - Gapped up at the opening on intraday chart see prices back above .5850 congestive support to approach the .5900 level. Would need to regain this to clear the way for retest of strong resistance at the .5930. Above here will revive the upside focus for retest of .5990 high and see scope to extend gains from .5680 April current year low. Meanwhile, support at the .5850/.5815 congestion and 29 April low should underpin. Failure here will extend losses from the .5990 high of 6 May and see room to support at the .5800/.5750 congestion.