The pair traded within a range after extending the bullish phase, with price holding close to fresh local highs. Intraday sentiment remains positive while the market stays above the pivot zone.

Current price: 0.58716

Pivot: 0.58645

Nearest support levels: S1: 0.58585, S2: 0.58420, S3: 0.58240

Nearest resistance levels: R1: 0.58795, R2: 0.58930, R3: 0.59080

Note:
Above Pivot: If the price holds above 0.58645, bullish momentum may extend toward 0.58795 and 0.58930, with 0.59080 as the next upside target.
Below Pivot: If the pair falls back below 0.58645, a pullback may develop toward 0.58585 and 0.58420, with 0.58240 as the next downside target.

NZD, USD