The pair traded within a range before a powerful upward surge lifted the market sharply above the recent consolidation zone. Intraday sentiment remains strongly bullish while the price holds above the pivot level.

Current price: 0.58457

Pivot: 0.58310

Nearest support levels: S1: 0.58190, S2: 0.58020, S3: 0.57840

Nearest resistance levels: R1: 0.58525, R2: 0.58680, R3: 0.58840

Note:
Above Pivot: If the price holds above 0.58310, bullish momentum may extend toward 0.58525 and 0.58680, with 0.58840 as the next upside target.
Below Pivot: If the pair falls back below 0.58310, a pullback may develop toward 0.58190 and 0.58020, with 0.57840 as the next downside target.

NZD, USD