NZD/USD remains in a corrective phase and is trading near 0.5814 after extended weakness. The pair is trying to stabilize near the lower part of the recent range, but the overall short-term tone remains soft while price stays below the nearest resistance area. Buyers need a recovery above the pivot zone to reduce downside pressure.

Current price: 0.5814

Pivot level: 0.5815

Support:

• S1: 0.5805
• S2: 0.5795
• S3: 0.5785

Resistance:

• R1: 0.5825
• R2: 0.5840
• R3: 0.5855

Comment:

• Above the pivot level, NZD/USD may recover toward 0.5825 and 0.5840.
• Below the pivot level, the pair may extend losses toward 0.5805 and 0.5795.

NZD USD