Gap filled; higher-low chain off 0.5592, capped at 0.5617 session high.
Sunday open gapped about 10 pips below Friday's 0.5613 close to a 0.5592 gap low. Early Asia session buyers filled it within two hours, with higher lows up to a 0.5617 session high, about a 66% retrace of the fri high-gap low leg. Price holds above the friday close but stays below the 0.5627 friday high in thin liquidity, with no fresh weekend news.
Support: 0.56128, 0.56093, 0.55924
Resistance: 0.56167, 0.56265
What it said to watch
M15 close back below the friday close at 0.5613 undoes the gap fill and exposes the 0.5609 swing low
Break of the 0.5609 swing low ends the higher lows sequence off the 0.5592 gap low
Close above the 0.5617 session high opens the 0.5627 friday high, inside the 0.5622–0.5630 cap on recent recoveries
Fed's Hammack Mon 16:50 UTC is the next scheduled USD risk; thin Asia liquidity can exaggerate moves until then
23:32 UTC
Intraday recovery after weekend gap · RSI 51 · price 0.56149
Higher lows off 0.5592 open low, gap filled, testing Friday NY high.
The Sunday reopen gapped below Friday's 0.5613 close and swept to a 0.5592 open low. Buyers then stepped in and completed the gap fill within two hours, with no fresh weekend news behind the dip. Early Asia session trade is now pressing Friday's 0.5617 NY high on a chain of rising lows, and RSI(14) is neutral near 51.
Support: 0.56128, 0.56093, 0.55924
Resistance: 0.56165, 0.56265, 0.5630
What it said to watch
M15 close back below the 0.5613 gap fill reopens the swing low at 0.5609 and the rising lows trendline
Loss of the 0.5609 swing low exposes the 0.5592 open low again
Clearance of the 0.5617 NY high exposes the 0.5627 fri high and the 0.5630 range cap from last week
Thin early Asia liquidity; first scheduled USD catalyst is Fed's Hammack Mon 16:50 UTC, with US CPI Wed 12:30 UTC
Weekend gap filled; gap low 0.5592 rejected, now testing Friday close.
Early Asia session opened the week with a ~10-pip gap down to the 0.5592 gap low. Price was rejected there and climbed back to fill the gap at Friday's 0.5613 close, printing a session high at 0.56139. Price sits just above EMA20/50 with RSI(14) neutral near 49, and the 0.56093 pullback low marks the latest higher low on the rising trendline.
Support: 0.56093, 0.56018, 0.55924
Resistance: 0.56139, 0.56165
What it said to watch
M15 close above the 0.56165 prior high extends the gap-fill recovery toward Friday's 0.5626 Asian high
Failure to hold the 0.56093 pullback low breaks the rising trendline from the gap low
Loss of the 0.5602 swing low reopens the 0.5592 gap low
Thin early Asia liquidity exaggerates moves; ATR(14) only ~5 pips once gap bars roll off
USD tone into Wed CPI (f/c 3.6% y/y) frames the week's range
Weekend gap down to 0.5592 reversed; capped just under Friday's close.
The Monday Asia session open gapped about 20 pips below the 0.56128 fri close and printed a gap low at 0.55924. The gap recovery has since retraced almost all of that drop, stalling a pip short of the fri close, with RSI(14) neutral near 48 and price just above a flat EMA20/EMA50. Liquidity is thin and there is no weekend news behind the gap; Friday's tone had NZD holding a shallow, yield-driven bounce.
Support: 0.5607, 0.56012, 0.55924
Resistance: 0.56128, 0.5617, 0.56265
What it said to watch
M15 close above the 0.56128 fri close completes the gap fill and brings the 0.5617 swing high into view
Slip back below the 0.5607 range floor re-exposes the 0.56012 fri ny low and the 0.55924 gap low
0.56265 asia high from Friday caps the wider intraday range
ATR is inflated by the gap bars; expect it to compress as Asia session liquidity builds
22:47 UTC
Gap-down open fully reversed, stalling at Friday close · RSI 49 · price 0.56112
Weekly open gap below Friday low swept, then recovered into prior close.
The weekly open gapped about 20 pips lower and swept below the fri low to a gap low at 0.5592 in thin early-Asia trade. Demand then lifted price back to just under the fri close at 0.5613, almost closing the gap. Price is holding a short rebound trendline and remains inside Friday's 0.5601–0.5627 range, with RSI(14) neutral near 49.
Support: 0.56012, 0.55924
Resistance: 0.56128, 0.56165, 0.56265
What it said to watch
M15 close above the 0.5613 fri close completes the gap fill and opens the 0.5617 fri ny high, then the 0.5627 fri high
A break of the rebound trendline and the 0.5602 fib 50% would put the 0.5601 fri low back in focus
Loss of the 0.5601 fri low re-exposes the 0.5592 gap low
ATR is inflated by the gap bar; early-Asia liquidity is thin, so intrabar spikes may not reflect the structure
22:33 UTC
Gap lower at the open, recovering into Friday's range · RSI 50 · price 0.56117
Rising lows since the open, testing the gap fill.
The week opened with a 20-pip gap lower to the open low at 0.55924 in thin early-Asia trade. Rising lows have since lifted price back to 0.5612, a pip shy of the 0.56128 gap fill, inside Friday's 0.5601–0.5627 range. RSI(14) is neutral near 50, and ATR is inflated by the opening bars.
Support: 0.56012, 0.55924
Resistance: 0.56128, 0.56171, 0.56265
What it said to watch
M15 close above the 0.56128 gap fill brings the Friday NY high at 0.56171, then the Friday high at 0.56265, into view
Rejection at the gap fill and a break of the rising lows from the open would turn focus back to the Friday low at 0.56012
Loss of 0.56012 reopens the open low at 0.55924
Thin weekend-open liquidity; Fed's Hammack (Mon 16:50 UTC) is the first USD risk ahead of Wednesday's CPI
22:18 UTC
Intraday lower highs, weekend gap being filled · RSI 52 · price 0.56111
Sunday gap low reclaimed; price back under friday close, inside Friday's 0.5601–0.5617 NY range.
The thin Sunday open gapped NZD/USD down to a sunday low of 0.5592, below the 0.5601 friday low, before buyers reclaimed it. Price is now 0.5611, between the 50% and 61.8% fib of the drop from Friday's 0.5627 asian high and just shy of the 0.5613 friday close. Lower highs from that peak through the 0.5617 ny high still cap the tape, against a heavy Kiwi backdrop ahead of Wednesday's US CPI.
Support: 0.5609, 0.56012, 0.55924
Resistance: 0.56128, 0.56171, 0.56265
What it said to watch
A close above the 0.5613 friday close completes the gap fill; clearing the 0.5617 ny high breaks the lower-highs line
Slipping back under ema20 at 0.5609 and the 0.5601 friday low reopens the 0.5592 sunday low
Asia session liquidity is still thin after the open, so early swings may not hold
US CPI Wed 12:30 UTC (f/c 3.6% y/y) is the main scheduled risk to this read; a retest of the 0.5627 asian high would need USD to soften
22:05 UTC
Range, gap-down open recovering · RSI 48 · price 0.56073
Gap below Friday's NY range, higher low forming off 0.5592.
The week opened with a ~10-pip gap down from Friday's 0.5613 close. Price dipped through the friday low at 0.5601 to an open low of 0.5592, then reclaimed it in thin early Asia session trade, printing a higher low at 0.5596. Price is now pressing EMA20 near 0.5608, below Friday's NY range (0.5601–0.5617) and the 0.5622–0.5630 cap where the Friday Asia high at 0.5627 was rejected.
Support: 0.5601, 0.5596, 0.5592
Resistance: 0.5613, 0.5617, 0.5627
What it said to watch
Close above 0.5613 completes the gap fill and returns price to Friday's NY range, with the ny range top at 0.5617 next
Failure to hold the 0.5596 higher low puts the 0.5592 open low back in play; a break turns the reclaim of the friday low at 0.5601 into a failed move
Asia high at 0.5627 sits inside the 0.5622–0.5630 ceiling that has capped rebounds
Early-week liquidity is thin and no scheduled events fall in the next 8h, so the gap-fill test is purely technical
Monday gap below Friday close, quick dip to 0.5592 then reclaim of 0.5600; gap unfilled.
The weekly open gapped about 10 pips below Friday's 0.56128 close and dipped to an open low of 0.55924. It then reclaimed psych 0.5600 early in the Asia session, while the open high at 0.56078 caps the bounce and the gap fill is still pending. Price sits below EMA20/50 with RSI(14) near 40 after Friday's slide from the 0.56265 friday high, a move that came as the dollar closed firm on higher UoM inflation expectations.
Support: 0.5600, 0.55924
Resistance: 0.56078, 0.56128, 0.56265
What it said to watch
M15 close back above 0.56078 open high puts the 0.56128 gap fill in play
Failure to hold 0.5600 psych exposes the 0.55924 open low and invalidates the false-break read
Friday high at 0.56265 marks the top of the window; no test expected without a gap fill first
Fed's Hammack Mon 16:50 UTC and the US yield backdrop remain the main exogenous risk for the session
Gap below Friday's 0.5601–0.5627 range, fresh low at 0.5592, bounce capped near 0.5600.
Weekly open gapped about 10 pips below the 0.5613 Friday close and extended to a 0.5592 open low, clearing Friday's 0.5601 low in thin early-Asia trade as the firm-USD, high-yield backdrop carried over. RSI(14) sits near 29 and the bounce stalled at the 0.5600 round number. The 0.5580 18-month low is the next reference below. The fib from the 0.5627 Friday high to the open low frames the retrace.
Support: 0.55924, 0.5580
Resistance: 0.56001, 0.56128
What it said to watch
M15 close back above the 0.5600 round number reopens a gap-fill path toward the 0.5613 Friday close
Failure to hold the 0.5592 open low exposes 0.5580, the 18-month low
Early-Asia liquidity is thin, so gap moves can be erratic; US yields and oil remain the main drivers until Fed's Hammack (Mon 16:50 UTC)
Weekend gap below Friday's range, fresh window low.
NZDUSD gapped about 10 pips lower at the weekly open and slid to the 0.55925 open low, breaking under the 0.5596 prior low and Friday's 0.5601–0.5617 NY range in thin early Asia session liquidity. RSI(14) sits near 21, and the move extends Friday's dollar recovery on firmer US inflation expectations. The 0.5580 18m low is the next reference below.
Support: 0.55925, 0.5580
Resistance: 0.55958, 0.56012, 0.56128
What it said to watch
Failure to hold the 0.55925 open low exposes the 0.5580 18m low
Recovery above the 0.5596 prior low and the 0.5601 friday low would read the open drop as a false break
Gap fill toward Friday's 0.5613 close requires a return inside Friday's range
Thin weekly-open liquidity: ATR(14) is inflated by the gap bar and early Asia session moves may not hold
21:06 UTC
Intraday down from Friday high, gapped lower at weekly open · RSI 35 · price 0.56033
Weekly open gap below Friday close, holding just above Friday's NY low.
The weekly open gapped about 10 pips below Friday's 0.5613 close to 0.5603. The gap high at 0.5608 capped the first bar, and price sits just above the Friday low at 0.5601, with RSI(14) knocked down to ~35. There was no weekend news behind the move. Friday's high-to-low range of 0.5627–0.5601 frames the thin pre-Asia trade.
Support: 0.56012, 0.55958
Resistance: 0.56078, 0.56128, 0.56265
What it said to watch
A close back above the 0.5613 Friday close fills the gap; the 38.2% fib of the Friday high-low move sits at 0.5611, just below it
Failure to hold the 0.5601 Friday low exposes the Thursday low at 0.5596 and the 0.5580 band floor
The gap high at 0.5608 is the first cap; repeated rejection there keeps price below the gap
A move through the 0.5627 Friday high would put the 0.5630 range cap in play
US yield moves and Fed's Hammack (Mon 16:50 UTC) could shift this read ahead of Wed CPI