Published: 2026-07-07T00:44:48.000Z
Chart NZD/USD Update: Consolidating at .5700
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Little change, as prices extend consolidation around the .5700 level having settled back from the .5725 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5800/15 | ** | congestion, May low | S1 | .5680 | * | Apr low | |
| R3 | .5770/80 | ** | 11, 8 Jun lows | S2 | .5650 | congestion | ||
| R2 | .5750 | * | congestion | S3 | .5625 | ** | 26 Jun YTD low | |
| R1 | .5700 | * | congestion | S4 | .5600 | * | congestion |
Asterisk denotes strength of level
00:35 GMT - Little change, as prices extend consolidation around the .5700 level having settled back from the .5725 high. However, daily studies remains positive and highlights room for further gains ahead to retrace recent sharp losses from the mid-June high to the .5750 congestion. Higher will see scope for extension to strong resistance at the .5770/80 area. Meanwhile, support at .5680 should now underpin and sustain bounce from the .5625 low. Failure here, will extend the January losses and see room to .5600/.5578, channel support and November low.