Published: 2026-07-09T00:42:01.000Z
Chart NZD/USD Update: Extending June gains
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Consolidation below the .5700 level has given way to break to retest the .5727 high of last Friday
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5800/15 | ** | congestion, May low | S1 | .5680 | * | Apr low | |
| R3 | .5770/80 | ** | 11, 8 Jun lows | S2 | .5665/50 | * | 2 Jul low, congestion | |
| R2 | .5750 | * | congestion | S3 | .5625 | ** | 26 Jun YTD low | |
| R1 | .5727 | * | 3 Jul high | S4 | .5600 | * | congestion |
Asterisk denotes strength of level
00:30 GMT - Consolidation below the .5700 level has given way to break to retest the .5727 high of last Friday. Daily studies have turned higher and suggest room to extend the June gains and further retrace losses from the May high to resistance at .5750 congestion. Higher still, will see room for extension to strong resistance at the .5770/80 previous lows. Meanwhile, support at the .5700 level and extending to the .5670 pullback low should underpin and sustain gains from the .5625 low.