The pair traded within a range, but the structure remains heavy after the latest selloff. Any rebound is likely to face selling pressure near the closest resistance area unless buyers can firmly hold above the pivot zone.

Current price: 0.57947
Pivot: 0.58060

Nearest support levels:
S1: 0.57840
S2: 0.57590
S3: 0.57260

Nearest resistance levels:
R1: 0.58220
R2: 0.58480
R3: 0.58800

Note: If the price moves above the Pivot (0.58060), a corrective rise toward R1 (0.58220) and R2 (0.58480) is possible. If the price remains below the Pivot, the downside may re-accelerate toward S1 (0.57840) and S2 (0.57590); a stronger drop could open the way to S3 (0.57260).

NZD,USD