Looking to trade NZD/USD like a pro? This short breakdown shows exactly how to catch the move.
NZD/USD is currently respecting a clean bullish structure, bouncing perfectly off an upward trendline. We just saw resistance at 0.0610 flip into support — a classic signal of strength. If price holds above that level, it’s likely aiming for the next target at 0.06206.
Even if we see a deeper pullback, there’s a demand zone between 0.05860 and 0.05910 that supports the bullish bias.
Here’s the setup at a glance:
✅ Uptrend intact with higher lows
✅ Resistance turned support at 0.0610
✅ Targeting 0.06206
✅ Demand zone support between 0.05860–0.05910
✅ Wait for confirmation and let the market come to you
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Source:
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