Published: 2026-04-14T00:43:27.000Z
Chart NZD/USD Update: Room to extend gains
-
Bounce from the .5795 low to fill the gap at .5832 has seen follow-through retest the .5873 high of last week
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .6000 | * | congestion | S1 | .5850 | * | congestion | |
| R3 | .5928/50 | ** | Feb low, congestion | S2 | .5800/95 | * | congestion, 13 Apr low | |
| R2 | .5892 | * | 19 Mar high | S3 | .5750 | * | congestion | |
| R1 | .5873 | * | 9 Apr high | S4 | .5680 | ** | 3 Apr YTD low |
Asterisk denotes strength of level
00:30 GMT - Bounce from the .5795 low to fill the gap at .5832 has seen follow-through retest the .5873 high of last week. Positive intraday and daily studies suggest scope for break here to extend gains from the .5680, April current year low. Break will see room for extension to resistance at .5892 high of 19 March. Higher still will see scope to strong resistance at .5928/50, February and congestion area. Meanwhile, support is raised to the .5850/.5795 congestion and 13 April low which should underpin and sustain gains from the .5680 low.