NZD/USD AI Live Scan, daily chart, Monday, 8 June 2026
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.
21:04 UTC
Downtrend, range-bound at lows · RSI 40 · price 0.58112
Two-month range, lower boundary under pressure.
NZDUSD has been range-bound between roughly 0.5780 and 0.5990 since the early-April low at 0.5686, with two May attempts at 0.5990 rejecting and forming a double-top cap. The kiwi shed nearly 3% on the week after Friday's hot US NFP (172K vs 85K) lifted the dollar, dragging price back to the 0.5780 base and below both the EMA20 and EMA50. RSI near 40 reflects the renewed downside leg without yet reaching oversold.
Support: 0.5780, 0.5686
Resistance: 0.5834, 0.5884, 0.5990
What it said to watch
Daily close below 0.5780 two-month low confirms a lower-low breakdown
Reclaim of 0.5834 range pivot reopens the 0.5884 ema cluster
US CPI Wed could materially shift the dollar read and this range
21:04 UTC
Range-bound, pulling back from May high · RSI 41 · price 0.58112
Recovery stalled below 0.5994, now retracing.
After a two-month recovery off the 0.5681 April low to the late-May high at 0.5994, NZDUSD has rolled over and shed nearly 3% on the week as Friday's blowout US NFP (172K vs 85K) revived USD demand. Price now sits at 0.58112, back below the EMA20/EMA50 cluster near 0.5888 and pressing the 0.5800 pivot, with the prior week's recovery effectively unwound. The broader picture remains a range capped by lower highs since January's 0.604 area.
Support: 0.5778, 0.5681
Resistance: 0.5834, 0.5888, 0.5994
What it said to watch
D1 close below 0.5778 confirms a lower-low toward the 0.5681 april low
Reclaim of the 0.5888 ema cluster needed to revive the recovery