Every read JAFX AI made on the NZD/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
21:04 UTC
Uptrend, recovering off base · RSI 62 · price 0.5763
Higher highs and higher lows since the 0.5630 low.
NZDUSD carved a rounded base near 0.5630 and has trended higher since, driven by the RBNZ's hawkish 25bp hike; price broke out of the 0.5640-0.5700 congestion and printed a 3-week high at 0.5794 before easing to 0.5763. Structure is a clean sequence of higher highs and higher lows with price above both EMA20 and EMA50, and ATR(14) is expanding as the trend extends. Momentum is stalling just under the 0.5794 cap.
Support: 0.5744, 0.5725, 0.5650
Resistance: 0.5794, 0.5825
What it said to watch
- US CPI Tue 12:30 UTC could materially shift this read
- H4 close above 0.5794 opens the path to the 0.5825 100-day sma
- Failure to hold 0.5744 swing low breaks the higher-low sequence
21:04 UTC
Uptrend, momentum slowing near high · RSI 59 · price 0.5763
Higher highs and higher lows since early-month base.
NZDUSD has carved higher highs and higher lows off the early-month 0.5631 base, with the hawkish RBNZ hike fuelling a two-week rally that peaked at 0.5794. Price has stalled and eased to 0.5763, holding above rising EMA20/EMA50, but momentum is cooling just under the three-week high. ATR remains elevated, consistent with the trend leg still extending rather than compressing.
Support: 0.5770, 0.5725, 0.5665
Resistance: 0.5794, 0.5825
What it said to watch
- US CPI Tue 12:30 UTC could materially shift this read
- H4 close above 0.5794 opens the path to the 0.5825 100-day sma
- Failure to hold 0.5770 initial support exposes the 0.5725 swing low