Published: 2026-05-11T00:32:04.000Z
Chart NZD/USD Update: Consolidating, room for higher later
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Little change, as prices remains below the .5990 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6120 | ** | Jul 2025 yr high | S1 | .5930 | ** | Apr high | |
| R3 | .6092 | ** | 29 Jan YTD high | S2 | .5850 | * | congestion | |
| R2 | .6050 | * | congestion | S3 | .5815 | ** | 29 Apr low | |
| R1 | .6000/10 | * | congestion, 26 Feb high | S4 | .5800 | * | congestion |
Asterisk denotes strength of level
00:25 GMT - Little change, as prices remains below the .5990 high of last week. Consolidation here is expected to give way to fresh gains later to further retrace the January/April losses. Above the .5990 high and the .6000/10 resistance will see room for extension to the .6050 congestion but focus will turn to the .6092 current year high of 29 January. Meanwhile, support remains at the .5930 April high and extending to the .5900 level which should underpin. Below this will see room for consolidation towards support at the .5900/.5850 congestion and .5815 low of 29 April.