Published: 2026-04-30T00:46:31.000Z
Chart NZD/USD Update: Extend corrective pullback
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Break of the .5850/40 support see prices extending pullback from the .5930 high to reach .5815 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6000/10 | * | congestion, 26 Feb high | S1 | .5800 | * | congestion | |
| R3 | .5950 | * | congestion | S2 | .5750 | * | congestion | |
| R2 | .5930/00 | ** | 17 Apr high, congestion | S3 | .5700 | * | congestion | |
| R1 | .5850/65 | * | congestion, 28 Apr low | S4 | .5680 | ** | 3 Apr YTD low |
Asterisk denotes strength of level
00:35 GMT - Break of the .5850/40 support see prices extending pullback from the .5930 high to reach .5815 low. Lower will room to further retrace the April rally from .5680 current year low to nearby support at .5800 and .5750 congestion. Corrective pullback expected to give way to fresh buying interest later. Meanwhile, resistance is lowered to the .5850/65 congestion and 28 April low. Clearance here will revive upside focus for retest of the .5900 level and .5930 resistance. Above here will see room for extension to resistance at the .5950 congestion and the .6000/10 area.