The pair traded within a range after recovering from the recent lows, with the market attempting to build a short-term base. The intraday picture improves while the price remains around and above the pivot zone.

Current price: 0.57462

Pivot: 0.57420

Nearest support levels: S1: 0.57300, S2: 0.57110, S3: 0.56980

Nearest resistance levels: R1: 0.57580, R2: 0.57760, R3: 0.57920

Note:
Above Pivot: If the price holds above 0.57420, recovery may continue toward 0.57580 and 0.57760, with 0.57920 as the next upside target.
Below Pivot: If the pair falls back below 0.57420, bearish pressure may return toward 0.57300 and 0.57110, with 0.56980 as the next downside target.

NZD, USD