NZD/USD is trading near 0.5764 after extending its decline and reaching the lower boundary of the recent movement. The pair remains under steady selling pressure, with the previous recovery attempt failing below 0.5805. As long as price stays below 0.5780, the downside risk remains elevated, and a break below 0.5755 may open the way toward new intraday lows.

Current price: 0.5764

Pivot level: 0.5770

Support:

• S1: 0.5755
• S2: 0.5740
• S3: 0.5725

Resistance:

• R1: 0.5780
• R2: 0.5795
• R3: 0.5810

Comment:

• Below the pivot level, NZD/USD may continue declining toward 0.5755 and 0.5740.
• Above 0.5770, the pair may attempt a corrective move toward 0.5780 and 0.5795.
• The short-term structure remains bearish while price trades below 0.5795.

NZD USD