The pair traded within a range after failing to hold the previous rebound, with a sharp downside move bringing the market back toward the lower part of the short-term structure. The intraday tone remains cautious while the price stays below the pivot level.

Current price: 0.57199

Pivot: 0.57230

Nearest support levels: S1: 0.57090, S2: 0.56970, S3: 0.56830

Nearest resistance levels: R1: 0.57350, R2: 0.57490, R3: 0.57630

Note:
Above Pivot: If the price regains 0.57230 and holds above it, recovery may extend toward 0.57350 and 0.57490, with 0.57630 as the next upside target.
Below Pivot: If the pair remains below 0.57230, bearish pressure may continue toward 0.57090 and 0.56970, with 0.56830 as the next downside target.

NZD, USD