Published: 2026-11-03T00:36:58.000Z
Chart NZD/USD Update: Leaning lower in consolidation
1
Extending consolidation around the .5625 congestion but pullback from the .5650 resistance sets up room for retest of the .5600 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5750 | * | congestion | S1 | .5600 | * | ccongestion | |
| R3 | .5700/10 | ** | congestion, 22 Oct high | S2 | .5578 | * | Nov 2025 low | |
| R2 | .5680 | * | Apr low | S3 | .5565 | ** | 14 Oct YTD low | |
| R1 | .5650 | * | congestion | S4 | .5512 | ** | Oct 2022 year low |
Asterisk denotes strength of level
00:30 GMT - Extending consolidation around the .5625 congestion but pullback from the .5650 resistance sets up room for retest of the .5600 level. Break here will expose the .5578 support and .5565 current year low of 14 October to retest. Below these, if seen, will threaten extension of the broader losses from the July 2025 year high to strong support area at .5512 and extending to the .5485/.5470, 2025/2020 year lows. Meanwhile, resistance remains at .5650 congestion. Break here needed to fade the downside pressure and open up room for retest of .5680/.5710 resistance.