Every read JAFX AI made on the NZD/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:05 UTC
Downtrend, momentum easing off base · RSI 53 · price 0.57168
Lower highs from May peak, late-June base holding.
Downtrend since the early-May peak at 0.5994, a chain of lower highs and lower lows dragging price into a late-June base near 0.5631 that has now held twice. The last two weeks show a slow grind back toward 0.5717, but price remains below a falling EMA(50), keeping the swing filter pointed down. The hawkish RBNZ hike to 2.50% underpins the kiwi, yet risk-off oil/US-Iran flows have capped gains in the 0.5725-0.5735 rejection zone.
Support: 0.5700, 0.5631
Resistance: 0.5725
What it said to watch
- D1 close above the 0.5725 rejection zone would break the lower-high sequence
- Loss of the 0.5631 base confirms downtrend continuation to fresh lows
- US CPI Jul 14 could materially shift USD and this read
21:04 UTC
Downtrend, momentum stalling · RSI 52 · price 0.57168
Lower highs into a base above 0.5630.
Downtrend since the early-May peak at 0.5994, price stringing lower highs and lower lows into the late-June low at 0.5630 while holding below a falling EMA(50). The last two weeks have stabilized in a 0.5630-0.5725 base, firming after the hawkish RBNZ hike to 2.50% but capped near 0.5725 by oil/US-Iran risk-off keeping USD supported. RSI has lifted off its lows back toward neutral as the decline flattens.
Support: 0.5700, 0.5630
Resistance: 0.5725
What it said to watch
- Daily close above 0.5725 rejection zone would break the base and negate the lower-high sequence
- Failure to hold the 0.5700 pivot reopens the 0.5630 swing low
- US CPI Jul 14 could materially shift USD flows and this read