Published: 2026-07-31T00:45:57.000Z
Chart NZD/USD Update: Bullish break to extend June gains
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Bullish break above the .5850 resistance see prices extending gains from the .5625 June low to reach .5883 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6000/13 | * | congestion, 26 Feb high | S1 | .5850 | * | congestion | |
| R3 | .5995 | ** | May high | S2 | .5815/00 | * | May low, congestion | |
| R2 | .5930/50 | * | Apr high, congestion | S3 | .5770/62 | ** | congestion, 23 Jul low | |
| R1 | .5900 | * | congestion | S4 | .5750 | * | congestion |
Asterisk denotes strength of level
00:35 GMT - Bullish break above the .5850 resistance see prices extending gains from the .5625 June low to reach .5883 high. Positive daily and weekly studies suggest consolidation here giving way to further gains to target the .5900 level. Clearance here will see room to the .5930/50 congestion area but potential will be seen for extension to retest the .5995, May high. Meanwhile, support is raised to the .5850 congestion which should underpin. Below here, will extend consolidation towards support at the .5815/00 May low and congestion area.