Published: 2026-03-25T00:30:42.000Z
Chart NZD/USD Update: Range-bound in choppy trade
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Little change, as prices extend choppy trade above support at the .5800/.5775 congestion and Fibonacci level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6000/30 | * | congestion, 26 Feb high | S1 | .5800 | * | congestion | |
| R3 | .5930/50 | ** | 6 Feb low, congestion | S2 | .5775 | * | 61.8% Nov/Jan rally | |
| R2 | .5900 | * | congestion | S3 | .5762 | * | 23 Mar low | |
| R1 | .5892 | * | 19 Mar high | S4 | .5710 | ** | 9 Jan YTD low |
Asterisk denotes strength of level
00:25 GMT - Little change, as prices extend choppy trade above support at the .5800/.5775 congestion and Fibonacci level. Losses from the .6093 January high keep pressure on the downside but further losses likely limited as prices consolidate above the .5775/.5762 lows. Meanwhile, resistance remains at the .5892/.5900 high of last week and congestion area. Would need to clear this to open up room for stronger bounce to retest strong resistance at the .5930/50 area. Clearance here will fade the downside pressure and return focus to the February/January highs.