The pair traded within a range after another downside wave, with price trying to rebound modestly from the recent low area. Intraday sentiment remains weak while the market stays below the pivot zone.

Current price: 0.56972

Pivot: 0.57020

Nearest support levels: S1: 0.56900, S2: 0.56800, S3: 0.56680

Nearest resistance levels: R1: 0.57090, R2: 0.57230, R3: 0.57370

Note:
Above Pivot: If the price regains 0.57020 and holds above it, recovery may extend toward 0.57090 and 0.57230, with 0.57370 as the next upside target.
Below Pivot: If the pair remains below 0.57020, bearish pressure may continue toward 0.56900 and 0.56800, with 0.56680 as the next downside target.

NZD, USD