Published: 2026-06-15T00:51:17.000Z
Chart NZD/USD Update: Room to extend gains
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Extending bounce from the .5770 low as prices unwind oversold daily studies to reach the .5850 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5990/95 | ** | May highs | S1 | .5815/00 | * | May low, congestion | |
| R3 | .5930 | ** | Feb low | S2 | .5770 | ** | 11 Jun low | |
| R2 | .5900 | * | congestion | S3 | .5750 | * | congestion | |
| R1 | .5850 | ** | congestion | S4 | .5700 | * | Mar low, congestion |
Asterisk denotes strength of level
00:40 GMT - Extending bounce from the .5770 low as prices unwind oversold daily studies to reach the .5850 resistance. Would take break here to revive the upside focus and see room for retest of the .5900 level then the strong resistance at the .5930/50 February low and congestion area. Meanwhile, support remains at the .5815/00 area which should underpin and sustain bounce from .5770 low. Failure here will open up room for further extension to .5750 congestion then the .5700/.5680, March and April lows.