The pair traded within a range after a sharp decline, with NZD/USD rebounding from the 0.5760 area but still trading below the former intraday balance zone. The full-day picture remains mixed, yet the recovery still looks corrective unless the pair can regain the Pivot and hold above it.

Current price: 0.5790

Pivot: 0.5798

Nearest support levels:

• S1: 0.5782
• S2: 0.5769
• S3: 0.5755

Nearest resistance levels:

• R1: 0.5804
• R2: 0.5818
• R3: 0.5832

Note:

• Above Pivot: if the pair climbs above 0.5798, the rebound may extend toward 0.5804, 0.5818 and 0.5832.
• Below Pivot: while trading stays below 0.5798, the recovery remains vulnerable, with downside targets at 0.5782, 0.5769 and 0.5755.

NZD, USD