📈 NZD/USD - 1H Analysis & Prediction
🔹 Key Levels & Market Structure:
✅ 0.57817 - 0.57937 - Major supply zone (resistance).
✅ 0.57323 - Potential demand zone (support).
✅ BOS (Break of Structure) confirms bullish intent but may lead to a retracement.
🚀 Bullish Scenario:
🔹 Price could push towards the 0.57817 - 0.57937 supply zone before a potential drop.
🔹 If price breaks and holds above 0.57937, further upside momentum may continue.
📉 Bearish Scenario:
🔹 Rejection from the supply zone may push price down to 0.57323 demand zone.
🔹 If 0.57323 fails to hold, expect further downside continuation.
💡 Trading Plan:
✅ Look for sell confirmations in the 0.57817 - 0.57937 zone.
✅ Watch for buy opportunities around 0.57323 with strong bullish reactions.
✅ Be cautious of liquidity grabs before making trade decisions.
#FXFOREVER #NZDUSD #SmartMoney #PriceAction #ForexTrading #LiquidityHunt
🔹 Key Levels & Market Structure:
✅ 0.57817 - 0.57937 - Major supply zone (resistance).
✅ 0.57323 - Potential demand zone (support).
✅ BOS (Break of Structure) confirms bullish intent but may lead to a retracement.
🚀 Bullish Scenario:
🔹 Price could push towards the 0.57817 - 0.57937 supply zone before a potential drop.
🔹 If price breaks and holds above 0.57937, further upside momentum may continue.
📉 Bearish Scenario:
🔹 Rejection from the supply zone may push price down to 0.57323 demand zone.
🔹 If 0.57323 fails to hold, expect further downside continuation.
💡 Trading Plan:
✅ Look for sell confirmations in the 0.57817 - 0.57937 zone.
✅ Watch for buy opportunities around 0.57323 with strong bullish reactions.
✅ Be cautious of liquidity grabs before making trade decisions.
#FXFOREVER #NZDUSD #SmartMoney #PriceAction #ForexTrading #LiquidityHunt
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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.
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.