Published: 2026-02-19T00:45:43.000Z
Chart NZD/USD Update: Threatens retest of .5928 swing low
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Break of the .6000 level see prices prices extending pullback from the .6073/.6093 highs
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6093 | ** | 29 Jan YTD high | S1 | .5950 | congestion | ||
| R3 | .6076 | * | 12 Feb high | S2 | .5928 | ** | 6 Feb low | |
| R2 | .6050 | * | congestion | S3 | .5900 | * | 38.2% Nov/Jan rally | |
| R1 | .6000 | * | figure, congestion | S4 | .5853/50 | ** | Dec high, congestion |
Asterisk denotes strength of level
00:35 GMT - Break of the .6000 level see prices prices extending pullback from the .6073/.6093 highs and see risk for break of the .5950 congestion to retest .5928 early February swing low. Below this will open up room for deeper pullback to retrace the November/January rally and see see scope to targte .5900 level and 38.2% Fibonacci level. Lower still, will see room to strong support at .5853/50. Meanwhile, resistance is lowered to the .6000 congestion. Would need to regain this to ease the downside pressure and further extend consolidation within .6100/.5950 area.