NZD/USD AI Live Scan, 1-hour chart, Thursday, 5 November 2026
Every read JAFX AI made on the NZD/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:04 UTC
Downtrend since Thursday's Asia high, near-term oversold · RSI 33 · price 0.55926
Lower highs from 0.5658 week high, Wed–Thu rally fully retraced.
From the 0.5624 weekly open, price chopped 0.5603–0.5646 through Monday and Tuesday. The NZ Q3 jobs miss late Tuesday dropped it to the 0.5579 week low, and the post-midterm USD selloff then carried it to a 0.5658 high in Thursday's Asia session. That push above Monday's 0.5646 high failed, and lower highs through London and NY have since taken price back below the 0.5600 psych level and beyond the 78.6% retracement of the Wed–Thu rally. Price sits under the ema20 at 0.5613 with RSI(14) near 33, and the 0.5591 day low is being tested.
Support: 0.5591, 0.5579
Resistance: 0.5600, 0.5613, 0.5624
What it said to watch
H1 close above the lower-highs trendline and 0.5600 psych would break Thursday's descending sequence
Failure to hold the 0.5591 day low exposes the 0.5579 week low and extends the lower-low sequence
Reclaiming the ema20 at 0.5613 and the 0.5624 weekly open would return price to the Mon–Tue range
US NFP Fri 13:30 UTC (f/c 65K) and the NZ election on Saturday could materially shift this read
22:06 UTC
Downtrend, stretched into oversold · RSI 30 · price 0.55918
Lower highs since Thursday's week-high rejection.
Thursday's Asia-session push to the 0.5658 week high was rejected near the 0.5650-0.5660 cap. During NY hours, strong US claims and productivity data revived the USD and drove a clean sequence of lower highs. Price has now given back more than 78.6% of the Tue–Thu rally and sits below the 0.5600 round number, the 0.5626 weekly open and a falling EMA(20), with RSI(14) near 30. The 0.5579 week low, set after Tuesday's soft NZ jobs data, is the next reference below.
Support: 0.55789, 0.5575
Resistance: 0.5600, 0.56255, 0.56581
What it said to watch
H1 close back above the 0.5600 round number and the lower-highs trendline would ease the downtrend read
Failure to hold the 0.5579 week low puts the 0.5575 3-week low in view
RSI(14) holding above 30 on a retest of the week low would mark bullish divergence
Reclaiming the weekly open at 0.5626 would neutralise Thursday's NY-session selloff
US NFP Fri 13:30 UTC (f/c 65K) and Saturday's NZ election could materially shift this read, with Monday gap risk
21:03 UTC
Short-term downtrend, oversold within weekly range · RSI 22 · price 0.5594
Failed week high, lower highs, full retrace of rally.
Thursday's Asia-session push to a 0.5658 week high, above Monday's and Wednesday's 0.5645 tops, failed to hold. Price then unwound the whole Tuesday–Thursday rally fib move in a run of lower highs through London and NY, with selling picking up after US claims and productivity beat. The pair now sits below the 0.5600 round number and the 78.6% retracement, with RSI(14) near 22 and price just above the Wed low at 0.5591 and the week low at 0.5579, set after the weak NZ jobs data.
Support: 0.5591, 0.5579, 0.5564
Resistance: 0.5600, 0.5626, 0.5658
What it said to watch
H1 close back above the 0.5600 round number and the lower highs trendline would ease the downtrend read; the weekly open at 0.5626 is next above
Failure to hold the Wed low and the 0.5579 week low puts the 0.5564 18-month low in play
US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read, with the 0.5658 week high capping on any USD-led bounce
NZ election on Sat Nov 7 adds gap risk at Monday's open
20:04 UTC
Range-bound week, intraday lower highs since Thursday Asia · RSI 32 · price 0.5603
Rejection at the week high; 61.8% retrace of the Wed–Thu rebound.
The Wednesday–Thursday rebound from the 0.5579 week low, driven by USD selling after the Democratic sweep, stalled at the 0.5658 week high in Thursday's Asia session. Since then the pair has printed a sequence of lower highs. The NY session drove the leg back below EMA(20) near 0.5622 as USD recovered on strong claims and productivity data. Price is now through the 61.8% fib at 0.5609 and testing the session low at 0.5598, with RSI(14) near 32 at the low end of its weekly cycle but not yet oversold.
Support: 0.5598, 0.5579
Resistance: 0.5609, 0.5622, 0.5658
What it said to watch
H1 close below the 0.5598 session low exposes the 0.5579 week low
Recovery above the 61.8% fib and ema20 at 0.5622 would break the lower highs line
US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read
NZ election on Sat Nov 7 carries Monday-open gap risk
Rebound from 0.5579 retraced past 61.8%, inside 0.5579-0.5658 week range.
Tuesday's NZ jobs miss drove the week low at 0.5579. The USD sell-off then lifted the pair through 0.5646, the prior highs capping Monday and Wednesday, to a 0.5658 week high in Thursday's Asia session. The rejection there has unwound most of that rally through London and into NY as the USD firmed on claims and productivity, with a sequence of lower highs taking price below EMA(20) near 0.5630, below the 0.5626 weekly open and past the 61.8% retracement of the rebound fib near 0.5609. RSI(14) has slid from the 70s to the low 30s, and today's low at 0.5603 sits on Tuesday's Asia low just above the 0.5600 round number.
Support: 0.56027, 0.5600, 0.55789
Resistance: 0.56255, 0.56455, 0.56581
What it said to watch
H1 close below the 0.5600 round number opens a retest of the 0.5579 week low
Reclaiming the 0.5626 weekly open and the lower highs line negates today's fade
US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read
NZ election on Sat Nov 7 adds gap risk at the weekly open
Lower highs through Thursday's London and NY sessions inside a 0.5579–0.5658 weekly range.
The recovery from Tuesday night's 0.5579 week low, which followed the NZ jobs miss, extended on Wednesday's USD sell-off after the Democratic sweep. It ran past the 0.5646 prior highs to a 0.5658 week high in Thursday's Asia session. That push met rejection, and London and NY steadily unwound it as the USD firmed on 189K claims and hawkish Fed talk. Thursday's lower highs have kept price below EMA(20) and the 0.5626 weekly open. Price now sits on the 61.8% retracement of the Wednesday–Thursday rally, with RSI(14) in the mid-30s and Thursday's NY low at 0.5603 just beneath.
Support: 0.56092, 0.56027, 0.55789
Resistance: 0.56255, 0.56455, 0.56581
What it said to watch
An H1 close below the 0.5603 Thursday low and the 0.5600 handle would leave the fib 61.8 behind and expose the 0.5579 week low.
A reclaim of the Thursday lower-highs line and the 0.5626 weekly open would neutralise the intraday sequence of lower highs.
Above the weekly open, the 0.5646 prior highs and the 0.5658 week high cap the range top.
US NFP on Friday at 13:30 UTC (f/c 65K) could materially shift this read.
The NZ general election on Saturday adds weekend gap risk into Monday's open.
17:03 UTC
Range-bound, fading from week high · RSI 36 · price 0.56133
Lower highs from 0.5658 inside a 0.5603–0.5646 range.
A 0.5603–0.5646 range has framed most of the week. Price broke out of it twice: a dip to the 0.5579 week low after Tuesday's across-the-board NZ jobs miss, and a push to the 0.5658 week high in Thursday's Asia session on post-midterm USD selling. That push failed back below the mon/wed high, and London-NY selling on the US claims and productivity beats has since carved lower highs back under the weekly open and EMA(20), with RSI(14) near 36. The 61.8% fib of the Tuesday–Thursday rally and the tue/thu low at 0.5603 are holding for now.
Support: 0.56092, 0.56027, 0.55789
Resistance: 0.56255, 0.56455, 0.56581
What it said to watch
An H1 close below the 0.5603 tue/thu low would confirm a lower low and expose the 0.5579 week low
Reclaiming the weekly open at 0.5626 and EMA(20) would break the lower-high trendline from the week high
Mon/wed high at 0.5645 capped twice before Thursday's false break; another rejection there keeps the range read intact
US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read; the Nov 7 NZ election adds weekend gap risk
Failed week-high push, full reversal into 61.8% retrace.
After Tuesday's NZ jobs miss produced the 0.5579 week low, USD selling after the midterms drove a two-day rebound. That move ended in a false break above the 0.5646 double high to a 0.5658 week high in Thursday's Asia session. London and NY then gave back the entire Asia advance through a series of lower highs, and the USD bid after the 189K claims print extended the slide during NY hours. Price now sits at 0.5611, below EMA(20) near 0.5627 and the 0.5626 weekly open, and on the 61.8% retracement of the week low to week high move. RSI(14) is near 34 after cycling down from overbought.
Support: 0.56077, 0.56025, 0.55789
Resistance: 0.56255, 0.56455, 0.56581
What it said to watch
H1 close below the 0.5608 day low and 61.8% retrace exposes the 0.5603 tue low, then the 0.5579 week low
Recovery back above the 0.5626 weekly open and EMA(20) would break the lower-highs sequence and restore the 0.5603–0.5646 range read
Re-acceptance above the 0.5646 double high would negate the false break at the week high
Fed's Williams (Fri 09:30 UTC) and US NFP (Fri 13:30 UTC, f/c 65K) could materially shift this read
NZ election on Nov 7 carries weekend gap risk at the next open
15:03 UTC
Rebound stalling, lower highs since Thursday's Asia peak · RSI 39 · price 0.56189
Higher lows intact from 0.5579 week low; lower highs from 0.5658 week high, price back below weekly open.
The miss in Tuesday's 21:45 UTC NZ jobs data drove a drop to the 0.5579 week low. The USD-driven rebound that followed cleared the 0.5645 double cap (Monday and Wednesday highs) in today's Asia session and printed a 0.5658 week high. That break failed: the gains unwound through London and into NY as the USD firmed on claims and productivity, leaving price below the 0.5626 weekly open and EMA(20) near 0.5631, at the 50% retrace of the rebound. Since the Asia peak a sequence of lower highs has formed, RSI(14) has slipped to about 39, and the 0.5612 higher low has been tested twice.
Support: 0.56115, 0.56025, 0.55789
Resistance: 0.56255, 0.56455, 0.56581
What it said to watch
H1 close below the 0.5612 higher low breaks the sequence from the week low and exposes the 0.5603 tue low, then the 0.5579 week low
Recovery above the 0.5626 weekly open and EMA(20) near 0.5631 neutralises the lower-highs line; 0.5645 double cap and 0.5658 week high sit above
US NFP Fri 13:30 GMT (f/c 65K) could materially shift this read; the NZ election on Nov 7 adds gap risk at Monday's open
Failed break above 0.5645, rising line from Tue low broken.
NZD/USD has round-tripped to the 0.5626 weekly open. Tuesday's across-the-board NZ jobs miss set the week low at 0.5579, then post-midterm USD selling carried the pair through the 0.5645 prior highs to a 0.5658 week high in Thursday's Asia session. That break failed, and a run of lower highs through London and into the NY open, as firm US claims and productivity data supported the USD, has broken the rising line from Tuesday's low and dropped price below EMA(20) near 0.5632, with RSI(14) back near 41. Price is now testing the 0.5619 day low, which coincides with the 50% level of the Tue–Thu fib, and the 0.5611 swing low sits just beneath.
Support: 0.56194, 0.56112, 0.55789
Resistance: 0.56255, 0.56455, 0.56581
What it said to watch
H1 close back above the 0.5645 prior highs would negate the false break read and reopen the 0.5658 week high
Failure to hold the 0.5619 day low and 50% fib exposes the 0.5611 swing low; a close below it confirms a lower-low sequence toward the 0.5579 week low
Reclaim of the weekly open and EMA(20) near 0.5632 would ease the Thursday rejection structure
US NFP Fri 13:30 UTC (f/c 65K) could materially shift this read, with the Nov 7 NZ election adding gap risk into Monday
Week high false break, testing day low near 50% fib.
NZDUSD has rotated around a 0.5611–0.5646 band all week. The across-the-board NZ jobs miss late Tuesday drove a spike to the 0.5579 week low, and post-midterm USD selling fuelled the rebound, which peaked in Thursday's Asia session at the 0.5658 week high. That push above the 0.5646 prior high, capped on both Monday and Wednesday, failed as the USD turned in London. Price has slipped below the rebound trendline and EMA20 and is back at the day low near 0.5620, close to the 50% retracement of the rebound, with RSI(14) fading to ~41.
Support: 0.56197, 0.56112, 0.55789
Resistance: 0.56315, 0.56455, 0.56581
What it said to watch
US Jobless Claims at 13:30 GMT and Fed's Hammack at 13:50 GMT could extend or reverse the London USD rebound this hour
H1 close below the 0.5611 swing low breaks the higher-low sequence off Tuesday's week low and exposes 0.5579
Reclaiming EMA20 near 0.5632 and closing back above the 0.5646 prior high would revive a retest of the 0.5658 week high
Holding the 0.5620 day low keeps price at the 50% fib of the rebound and inside the week's range
US NFP Friday 13:30 GMT, then the Nov 7 NZ election (weekend gap risk), are the next range-break catalysts
Higher lows since Tuesday; lower highs off 0.5658.
The NZ jobs miss late Tuesday drove the week low at 0.5579, and the USD-led rebound since then has printed higher lows into a 0.5658 week high in Thursday's Asia session. The 0.5646 prior high had capped Monday and Wednesday before giving way. Price has faded through London, posting lower highs below 0.5658 and slipping under EMA(20) near 0.5635, and now sits on the rising trendline from the week low and the 38.2% fib of the rebound at 0.5628.
Support: 0.56278, 0.56112, 0.55789
Resistance: 0.56345, 0.56455, 0.56581
What it said to watch
H1 close below the 0.5611 swing low breaks the higher-low sequence and puts the 0.5579 week low back in focus
Recovery above EMA(20) and the 0.5646 prior high would reopen the 0.5658 week high
US Jobless Claims and Unit Labor Costs at 13:30 GMT, plus Fed's Hammack at 13:50, could shift the USD leg
Friday's NFP (f/c 65K) is the main risk to this read, followed by the Nov 7 NZ election and Monday gap risk
Higher low at 0.5611 after the 0.5579 week low; failed hold above the 0.5646 double high.
Tuesday's NZ jobs miss produced the week low at 0.5579. Post-midterm USD selling then lifted the pair through Wednesday's London and NY sessions, and the rebound set a higher low at 0.5611 late Wednesday. Asia pushed above the 0.5646 double high capped on Monday and Wednesday to a week high at 0.5658, but London has faded it back below, a false break that leaves price sitting on EMA(20) near 0.5634 with RSI(14) easing to the mid-50s. The prior close and London low at 0.5631 sit just above the 38.2% fib and EMA(50) confluence near 0.5628, which is also where the rising higher-low trendline from the week low projects.
Support: 0.56311, 0.56112, 0.55789
Resistance: 0.56455, 0.56581
What it said to watch
H1 close back above the 0.5646 double high would negate the false-break read and put the week high at 0.5658 back in play
Loss of the 0.5631 prior close and the 0.5628 fib/EMA(50) area would break the higher-low trendline and open the 0.5611 higher low
Failure to hold 0.5611 would leave the 0.5579 week low as the next reference
US jobless claims and Fed's Hammack in the NY session today could shift this read
Friday's NFP and the Nov 7 NZ election carry weekend gap risk
Higher lows from 0.5579; push above Mon/Wed high not held.
NZDUSD has fully reversed the late-Tuesday drop to the 0.5579 week low on the NZ jobs miss. Broad USD selling after the midterms drove the recovery through the Mon/Wed high at 0.5646 to a 0.5658 week high in today's Asia session. London has since faded the move back below 0.5646 to EMA(20) near 0.5635, with RSI(14) easing to the mid-50s. Higher lows remain intact above the weekly open at 0.5626, which aligns with the 38.2% fib of the week's rally and the rising higher-low trendline.
Support: 0.5635, 0.56255, 0.55789
Resistance: 0.56455, 0.56581
What it said to watch
Hourly closes back above the 0.5646 Mon/Wed high would cancel the false-break read and reopen the 0.5658 week high
An H1 close below the weekly open at 0.5626 and the higher-low trendline breaks the recovery structure; the 0.5579 week low is the next reference beneath
BoE at 12:00 GMT, then US jobless claims at 13:30 GMT and Fed's Hammack at 13:50 GMT, could shift USD tone during NY hours
Friday's NFP (f/c 65K) and the Nov 7 NZ election carry event risk, including a possible weekend gap
09:03 UTC
Recovery uptrend from week low, stalling below week high · RSI 57 · price 0.56417
Higher lows since Wednesday's low; lower high at 0.5651 under the 0.5658 week high.
From the 0.5626 weekly open the pair ground lower through Monday and Tuesday. The NZ Q3 jobs miss at the Asia open Wednesday printed the 0.5579 week low. Broad USD selling after the midterm sweep then drove a V-shaped recovery through Wednesday's Asia and London sessions. Thursday's Asia session extended it to a 0.5658 week high, with RSI(14) peaking near 67 and making a higher high alongside price. Since then a lower high at 0.5651 has capped price. This morning's dip to 0.5634 was absorbed at EMA(20), leaving price compressing between that level and the week high.
Support: 0.5635, 0.5626, 0.5611
Resistance: 0.5651, 0.5658
What it said to watch
H1 close below EMA20 near 0.5635 exposes the weekly open at 0.5626, which aligns with the 38.2% fib of the week low–high move
Loss of the 0.5611 swing low and the higher-low line from the week low would undo the recovery structure
H1 close above the 0.5651 lower high and the 0.5658 week high would extend the uptrend sequence
US jobless claims and Fed's Hammack today from 13:30 UTC could materially shift this read
Friday's NFP at 13:30 UTC and the Nov 7 NZ election carry gap risk into the weekly close
08:03 UTC
Uptrend since Tuesday's low, stalling after breakout · RSI 61 · price 0.56424
Higher low then higher high off 0.5579; retesting 0.5645 prior cap.
NZD/USD has recovered from Tuesday's 0.5579 low, set within an hour of the NZ Q3 jobs miss. It printed a higher low at 0.5611-0.5616 and then a week high at 0.5658 in today's Asia session, carried by broad USD selling after the midterms and the oil slide. The Asia push cleared the 0.5645 prior cap that held during the London sessions on Monday and Wednesday, but the London open faded from 0.5651, and price is back testing that level with the Asian low at 0.5638 just beneath. Price holds above EMA(20) with RSI(14) near 61, off its high; the weekly open at 0.5626 sits at the 38.2% retracement of the week's rally.
Support: 0.5638, 0.56255, 0.5616
Resistance: 0.5645, 0.56581
What it said to watch
H1 close below the 0.5638 asian low turns the 0.5645 breakout into a false break and exposes the weekly open at 0.5626
Failure to hold the 0.5616 higher low and the rising trendline from Tuesday's low breaks the higher-low sequence
H1 close above the 0.5658 week high extends the higher-high sequence
US jobless claims and Fed's Hammack from 13:30 GMT today, then Friday's NFP, could materially shift this read; the Nov 7 NZ election carries weekend gap risk
06:03 UTC
Recovery from Tuesday's low, momentum fading at highs · RSI 60 · price 0.56407
V-shaped rebound to week high, now retesting the prior 0.5645 cap.
The across-the-board NZ jobs miss late Tuesday knocked the pair to a 0.5579 week low. Post-midterm USD selling then drove a Wednesday–Thursday rally through the 0.5645 prior high, which had capped Monday and Wednesday, to a 0.5658 week high in Thursday's Asia session. Price has since slipped back to 0.5640, just under that prior high and on the 23.6% retracement, with the ema20 near 0.5634 and RSI(14) easing from the mid-60s.
Support: 0.5634, 0.56255, 0.56163
Resistance: 0.56455, 0.56581
What it said to watch
Failure to regain the 0.5645 prior high on a closing basis turns the break above it into a false break
H1 close above the 0.5658 week high resumes the rally structure
Loss of the ema20 and the 0.5626 weekly open exposes the 0.5616 swing low and the 50% fib of the Wednesday–Thursday rally
A break of the rising support from Wednesday's low undercuts the recovery read
US jobless claims and Fed's Hammack (13:30–13:50 UTC) and Friday's NFP could materially shift the USD leg
Higher lows off 0.5579; breakout above 0.56455 prior high now being retested.
NZDUSD has printed higher lows since Tuesday's NZ jobs miss knocked it to a 0.5579 week low. Wednesday's London session and Thursday's Asia session drove the impulse, on broad post-midterm USD selling rather than kiwi strength. The Asia push cleared the 0.56455 prior high, a level that capped price on both Monday and Wednesday, and tagged a 0.56581 Asia high before easing back to retest it. Price sits above EMA(20) near 0.5632, with RSI(14) near 63 and the Friday high at 0.56516 directly overhead.
Support: 0.56455, 0.5632, 0.56255
Resistance: 0.56516, 0.56581
What it said to watch
An H1 close back below the 0.56455 prior high would turn the breakout into a false break
Loss of EMA(20) near 0.5632 and the weekly open at 0.56255 would break the higher-low line from Tuesday's low
A close above the 0.56581 Asia high would clear the Friday high and extend the impulse
US jobless claims (13:30 UTC), Fed's Hammack (13:50 UTC) and Friday's NFP could materially shift the USD leg driving this read
The NZ jobs miss late Tuesday drove the pair to a week low at 0.5579. Post-midterm USD selling then lifted it through Wednesday's London session, where it was capped at the 0.5645 prior high set on Monday. Thursday's Asia session cleared that cap to a new week high at 0.5658, with price now well above EMA(20) near 0.5633 and RSI(14) in the mid-60s, short of overbought; the round number at 0.5700 is the next reference above.
Support: 0.5645, 0.5633, 0.5579
Resistance: 0.5658, 0.5700
What it said to watch
H1 close back below the 0.5645 prior high would mark the push as a false break and restore the 0.5579–0.5645 range
A pullback that holds EMA(20) near 0.5633 and the rising trendline keeps the higher-low sequence from the week low intact
US jobless claims and Fed's Hammack (Thu 13:30/13:50 UTC), then Friday NFP, could reverse the USD-led bounce
Failure to extend beyond the 0.5658 week high leaves the 0.5650 area as a cap on the bounce
03:03 UTC
Recovering uptrend off Tuesday's low, testing week high · RSI 64 · price 0.56476
Higher lows since jobs-data low; pressing range top.
Tuesday's soft NZ jobs data drove a false break below the Monday–Tuesday range to a 0.5579 week low. The pair reclaimed the range on the post-midterm USD selloff through Wednesday's Asia and London sessions, and the higher-lows line held the NY pullback at the 0.5611 wed low. Price is now pressing the 0.5646 prior highs at the range top, which capped Monday and Wednesday, and the 0.5651 week high in the Asia session. It sits above EMA20 (~0.5628) and EMA50, with RSI(14) near 64.
Support: 0.56455, 0.5628, 0.56112
Resistance: 0.56506
What it said to watch
H1 acceptance above 0.5651 week high clears the range top and the prior-week high
Slip back below 0.5646 prior highs keeps the range read intact, with ema20 near 0.5628 as the first pullback test
A break of the higher-lows line and 0.5611 wed low, inside the 50–61.8% zone of the jobs-low rally, undoes the recovery structure
US jobless claims and unit labor costs (Thu 13:30 UTC) and Fed's Hammack at 13:50 UTC could shift the USD leg behind this move
02:03 UTC
Range-bound, rebounding toward range top · RSI 57 · price 0.56392
Tuesday's NZ jobs miss pushed the pair to a week low of 0.5579 late in the session. The drop was fully reversed through Wednesday's Asia and London sessions on post-midterm USD selling, and the rally stalled at 0.5646, matching Monday's week high. The NY pullback held near the 50% fib of that rally at 0.5611, a level retested in Thursday's Asian open, and price has since climbed back above the 0.5626 weekly open and EMA(20) on a series of higher lows, with RSI(14) around 57.
Support: 0.56255, 0.56112, 0.55789
Resistance: 0.56455, 0.56516
What it said to watch
An H1 close above the 0.5646 week high breaks the range top and opens the 0.5652 prior high from last Friday
A third failure at 0.5645-0.5646 would leave a double cap at the week high and keep the range read intact
A break of the 50% fib and higher-lows line near 0.5611 returns focus to the 0.5579 week low
US jobless claims and Fed's Hammack Thu from 13:30 UTC, then Friday's NFP, could materially shift the USD-driven read
01:03 UTC
Range-bound, rebounding toward range top · RSI 56 · price 0.56345
0.5610–0.5645 range restored after false break to 0.5579; rising lows since Tuesday.
NZD/USD has held a 0.5610–0.5645 range since Sunday's weekly open at 0.56255. The exception was a late-NY Tuesday drop to the 0.5579 week low on the NZ jobs miss, which reversed as the post-midterm USD selloff lifted the pair through Wednesday's Asia and London sessions. That rebound stalled at 0.56455, matching Monday's week high, then faded in NY after the ADP beat to the 0.5611 swing low near the 50% fib. Price is back above EMA(20) near 0.5623 and the weekly open, with RSI(14) in the mid-50s.
Support: 0.56255, 0.56112, 0.55789
Resistance: 0.56455, 0.56516
What it said to watch
H1 close above the 0.56455 week high breaks the double cap and exposes the 0.56516 prior high
Loss of the 0.5611 swing low breaks the rising lows and the 50% fib, reopening the 0.5579 week low
Holding above the 0.56255 weekly open and EMA(20) keeps the range-top test intact
US jobless claims Thu 13:30 UTC and NFP Fri 13:30 UTC could materially shift the USD-driven read
NZ vote on 7 November is an event risk for the kiwi side
00:03 UTC
Sideways, flat around EMAs · RSI 50 · price 0.56223
0.5609–0.5646 range with a reclaimed false break to 0.5579.
The week has held a 0.5609–0.5646 band since Monday's open. The NZ Q3 jobs miss knocked price through the 0.5600 round number to a 0.5579 week low into Tuesday's Asia session open, but the post-midterm USD selloff reclaimed the range during Wednesday's Asia and London sessions. That rebound met rejection at the 0.5646 week high, the same level as Monday's London high. NY hours then pulled price back under the 0.5626 weekly open, near the 38.2% fib of the 0.5579–0.5646 rebound, with EMA(20) flat at 0.5621 and RSI(14) near 50.
Support: 0.5609, 0.5600, 0.55789
Resistance: 0.56255, 0.56455, 0.56516
What it said to watch
H1 close above the 0.5646 week high breaks the range top and brings last Friday's prior high at 0.5652 into view
Failure to hold the 0.5609 range floor exposes the 0.5600 round number and the 0.5579 week low
Holding below the 0.5626 weekly open keeps price pinned to the lower half of the range
US jobless claims and unit labour costs (Thu 13:30 UTC), then Friday's NFP (f/c 65K), could materially shift this read