Published: 2026-04-28T00:40:43.000Z
Chart NZD/USD Update: Bounce return focus to .5930 resistance
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Bounce from support at the .5850/40 area has seen extension to regain the .5900 level and return focus to the .5930 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6050 | * | congestion | S1 | .5850/40 | ** | congestion, 200-day MA | |
| R3 | .6000/10 | * | congestion, 26 Feb high | S2 | .5800/95 | * | congestion, 13 Apr low | |
| R2 | .5950 | * | congestion | S3 | .5750 | * | congestion | |
| R1 | .5930 | ** | Feb low | S4 | .5680 | ** | 3 Apr YTD low |
Asterisk denotes strength of level
00:30 GMT - Bounce from support at the .5850/40 area has seen extension to regain the .5900 level and return focus to the .5930 resistance. Consolidation below the latter expected to give way to break to further retrace the January/April losses. Clearance will see room for extension to the .5950 congestion. Higher still, will turn focus to the .6000/10 figure and 26 February high. Meanwhile, support at the .5850/40 congestion and 200-day MA should underpin and sustain gains from the .5680, 3 April current year low.