Published: 2026-10-12T00:40:09.000Z
Chart NZD/USD Update: Poised for retest of .5625 resistance
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Higher in consolidation above the .5600 level with prices poised to retest the .5625 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | .5700 | * | congestion | S1 | .5578 | ** | Nov 2025 low | |
| R3 | .5680 | ** | Apr low | S2 | .5550 | * | congestion | |
| R2 | .5650 | * | congestion | S3 | .5500 | ** | figure | |
| R1 | .5625 | * | Jun low | S4 | .5485 | ** | 2025 year low |
Asterisk denotes strength of level
00:35 GMT - Higher in consolidation above the .5600 level with prices poised to retest the .5625 resistance. Intraday and daily studies are unwinding oversold readings and suggest price action from the .5580/78 support tracing out a small base. Break above the .5625 June low will open up room for stronger recovery to retrace losses from the August high and see room to the .5650 congestion then the strong resistance at .5680, April low. Support at the .5600/.5578 area should underpin. Only below here will see room to the .5500 figure then the critical .5485/.5470, 2025 and 2020 year lows.