Published: 2026-09-09T00:38:06.000Z
Chart NZD/USD Update: Leaning lower
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Leaning lower in consolidation as prices settled back from test of the .5900 level to pressure .5850 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5988 | ** | Aug high | S1 | .5850 | * | congestion | |
| R3 | .5950 | * | congestion | S2 | .5815/00 | ** | May low, congestion | |
| R2 | .5930 | 1 Sep high | S3 | .5762 | * | 23 Jul low | ||
| R1 | .5900 | * | congestion | S4 | .5750 | * | congestion |
Asterisk denotes strength of level
00:30 GMT - Leaning lower in consolidation as prices settled back from test of the .5900 level to pressure .5850 congestion. Break here will open up room for retest of strong support at the .5815/.5800 congestion area which should underpin. Failure here, will open up room for deeper pullback to retrace gains from the June low towards the .5762/.5750 area. Meanwhile, resistance remains at the .5900 level. Would take break here and the .5930 resistance to revive upside focus and see room extension to retest .5950 congestion then the .5988 high.