NZDUSD Potential Up correction from crossing of supports

22 Kas 2024

NZDUSD recently showed a false breakout below its previous support and has reached a demand zone on the daily timeframe, suggesting a potential pullback. On the 4H chart, bullish divergence at the support level supports the likelihood of a retracement. The price may move higher to retest the resistance zone around 0.5880, which has been tested multiple times. This setup indicates a potential for a short-term recovery

28 Kas 2024

İşlem kapandı: hedefe ulaştı

NZDUSD from the 22nd of November Target reached!

Price increased over 70 pips since the analysis was published!