The pair traded within a range before breaking higher and extending the rally toward the 0.5980–0.5990 area. NZD/USD is now consolidating after the advance, but the broader H1 structure remains bullish while the pair trades above the Pivot and above the previous breakout zone.
Current price: 0.59695
Pivot: 0.5968
Nearest support levels:
S1: 0.5958
S2: 0.5942
S3: 0.5925
Nearest resistance levels:
R1: 0.5985
R2: 0.6000
R3: 0.6020
Note:
Above Pivot: holding above 0.5968 may keep the bullish structure intact and support another move toward 0.5985. A breakout above this resistance may open the way toward 0.6000 and 0.6020 during the day.
Below Pivot: if the pair falls below 0.5968, a deeper corrective phase may begin. A move below 0.5958 would expose 0.5942 and 0.5925 as the next downside targets.
