NZD/USD Analysis - H1 Prediction for 06/02/2025
📈 Bullish Bias with Potential Pullback
🔹 Current Price: 0.56679
🔹 Key Support Levels:
0.56289 - 0.56420 (FVG & Demand Zone)
0.55828 - 0.55915 (Stronger Demand Zone)
🔹 Market Outlook:
Price may retrace towards 0.56289 - 0.56420 before potential bullish continuation.
Holding above 0.55828 - 0.55915 keeps the bullish bias valid.
A break below 0.55800 shifts momentum bearish.
🔹 Trade Setup:
✅ Buy Zone: 0.56289 - 0.56420 (Look for bullish confirmations)
✅ Target: 0.57233 & 0.57980
✅ Invalidation: Sustained break below 0.55800
#NZDUSD #ForexAnalysis #SmartMoneyConcepts #PriceAction #FVG #ForexTrader
📈 Bullish Bias with Potential Pullback
🔹 Current Price: 0.56679
🔹 Key Support Levels:
0.56289 - 0.56420 (FVG & Demand Zone)
0.55828 - 0.55915 (Stronger Demand Zone)
🔹 Market Outlook:
Price may retrace towards 0.56289 - 0.56420 before potential bullish continuation.
Holding above 0.55828 - 0.55915 keeps the bullish bias valid.
A break below 0.55800 shifts momentum bearish.
🔹 Trade Setup:
✅ Buy Zone: 0.56289 - 0.56420 (Look for bullish confirmations)
✅ Target: 0.57233 & 0.57980
✅ Invalidation: Sustained break below 0.55800
#NZDUSD #ForexAnalysis #SmartMoneyConcepts #PriceAction #FVG #ForexTrader
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.