The pair traded within a range earlier, but the latest H1 sequence shows a decisive breakout into a fresh upward leg, with NZD/USD climbing to the highest levels on the visible chart. The trend remains clearly bullish, and the pair may stay supported through the day while the price holds above the Pivot area.
Current price: 0.59594
Pivot: 0.5948
Nearest support levels:
S1: 0.5940
S2: 0.5928
S3: 0.5912
Nearest resistance levels:
R1: 0.5970
R2: 0.5985
R3: 0.6000
Note:
Above Pivot: if the pair remains above 0.5948, the bullish structure stays intact and the market may extend higher toward 0.5970. A further breakout may target 0.5985 and then the round 0.6000 area.
Below Pivot: if the price returns below 0.5948, the pair may enter a corrective phase toward 0.5940. A stronger pullback may then expose 0.5928 and 0.5912.
