The pair traded within a range after pulling back from the 0.5720 area, with NZD/USD now testing the lower part of the latest recovery structure. For the full-day outlook, the pair has shifted to a neutral-to-bearish tone below the Pivot, and buyers need to regain 0.5695 to reduce downside pressure.

Current price: 0.5690

Pivot: 0.5695

Nearest support levels:

• S1: 0.5680
• S2: 0.5665
• S3: 0.5650

Nearest resistance levels:

• R1: 0.5705
• R2: 0.5720
• R3: 0.5735

Note:

• Above Pivot: a return above 0.5695 may restore recovery potential toward 0.5705, 0.5720 and 0.5735.
• Below Pivot: while NZD/USD remains below 0.5695, the pair may continue lower toward 0.5680, 0.5665 and 0.5650.

NZD, USD