The pair traded within a range after a pronounced decline, with the market attempting a modest rebound from the latest low area. The intraday picture remains cautious while the price is still below the pivot level.

Current price: 0.57040

Pivot: 0.57090

Nearest support levels: S1: 0.56930, S2: 0.56800, S3: 0.56680

Nearest resistance levels: R1: 0.57120, R2: 0.57230, R3: 0.57370

Note:
Above Pivot: If the price regains 0.57090 and holds above it, recovery may extend toward 0.57120 and 0.57230, with 0.57370 as the next upside target.
Below Pivot: If the pair remains below 0.57090, bearish pressure may continue toward 0.56930 and 0.56800, with 0.56680 as the next downside target.

NZD, USD