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TECHNICAL ANALYSIS · NZD/USD · D1

NZD/USD D1: Testing Last Year's Support at 0.55665–0.56254

NZD/USD on D1 is testing last year's support zone at 0.55665–0.56254. A break opens the way to 0.54851, while a bounce points to resistance at 0.56665 and possibly 0.57556.

Published Oct 12, 20261 min readTest of yearly support zone
NZD/USD D1 chart with my markup: Test of yearly support zone
NZD/USD · D1 · my chart on Oct 12, 2026 (JForex, Dukascopy feed)
BiasNeutral
Price at publish0.55886
Trigger0.55665
Target0.54851
Invalidation—
StatusActive

What I see

On the daily chart, NZD/USD is testing last year's support, which I have marked as the zone between 0.55665 and 0.56254. The current price of 0.55886 sits inside this zone. The decline from the August highs was sharp, but the latest candles inside the zone have slowed down and are moving in a tight range.

Key levels

  • Support: 0.56254 – 0.55665 (last year's zone)
  • Resistance 1: 0.56665
  • Resistance 2: 0.57556
  • Lower target: 0.54851

My plan

For now I am watching how price reacts at the support. If the zone breaks, we will probably look at lower values toward the lower target at 0.54851. If price bounces, I expect a move toward resistance 1 at 0.56665, and possibly as far as resistance 2 at 0.57556.

This is my personal read of the chart, written before the outcome is known. It is not investment advice.