The pair traded within a range after the steep decline from the 0.5930 area, then formed a recovery attempt from the 0.5780 support zone. NZD/USD is now consolidating near the middle of the latest rebound, but the broader H1 structure remains fragile until the pair clears the nearest resistance levels and holds above the Pivot.
Current price: 0.58157
Pivot: 0.5810
Nearest support levels:
S1: 0.5800
S2: 0.5780
S3: 0.5760
Nearest resistance levels:
R1: 0.5830
R2: 0.5848
R3: 0.5870
Note:
Above Pivot: holding above 0.5810 may support another recovery attempt toward 0.5830. If buyers break this resistance, the rebound may extend toward 0.5848 and 0.5870.
Below Pivot: a move below 0.5810 would weaken the current rebound. A break below 0.5800 may return the pair toward 0.5780 and 0.5760.
