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.
19:35 UTC
Downtrend, fresh lows · RSI 31 · price 0.57372
Lower highs, lower lows since late May.
Multi-month downtrend back in force: NZDUSD has rolled over from the late-May 0.5994 high to fresh lows since April, trading well below a falling EM(50) on D1. The leg lower is a USD story — a record-hawkish FOMC and strong US Retail Sales lifted the dollar to 13-month highs, overwhelming a firmer NZ GDP print. Price has lost the 0.5775 prior support, which now caps as resistance, with RSI dipping toward oversold as the move stretches.
Support: 0.57229, 0.56814
Resistance: 0.5775, 0.5800, 0.5860
What it said to watch
- Daily close below 0.57229 confirms continuation toward the 0.56814 april low
- Reclaim of 0.5775 prior support would ease downside pressure toward 0.5800
- US S&P Global PMIs Tue could materially shift this USD-led read
19:35 UTC
Downtrend, fresh lows · RSI 34 · price 0.57372
Lower highs and lower lows since late May.
NZDUSD is in a multi-month downtrend, printing fresh lows since April after losing 0.5775 — the move accelerated on this week's hawkish FOMC and broadly bid USD. Price trades well below a falling EMA(50), and the bounce off the early-January low at 0.5686 has fully unwound back to the lows. RSI near 33 reflects sustained selling without yet reaching washed-out territory.
Support: 0.5723, 0.5686, 0.5700
Resistance: 0.5775
What it said to watch
- Daily close back above 0.5775 would neutralise the breakdown read
- Loss of 0.5686 swing low confirms continuation of the lower-low chain
- US S&P Global PMIs Tue could materially shift this USD-led read