Published: 2026-10-20T00:39:00.000Z
Chart NZD/USD Update: Poised for further gains from 5565 low
1
Break above .5625 see prices extending bounce from the .5565 current year low to reach towards strong resistance at .5680
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5800 | ** | congestion | S1 | .5650 | * | congestion | |
| R3 | .5750 | * | congestion | S2 | .5625 | * | Jun low | |
| R2 | .5700 | * | congestion | S3 | .5578 | * | Nov 2025 low | |
| R1 | .5680 | ** | Apr low | S4 | .5565 | ** | 14 Oct YTD low |
Asterisk denotes strength of level
00:35 GMT - Break above .5625 see prices extending bounce from the .5565 current year low to reach towards strong resistance at .5680. Daily studies continues to track higher from oversold areas and suggest consolidation here giving way to break later to open up room for stronger gains to retrace losses from the .5988 high of August. Higher will see room to the resistance at .5700/.5750 congestion area and the .5800 level. Meanwhile, support is raised to .5650/.5625 congestion and June low which should underpin and sustain bounce from the .5565 low.