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NZDUSD 1H: Trend Continuation Setup Targets 0.5855 & 0.5900

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NZDUSD 1H: Trend Continuation Setup Targets 0.5855 & 0.5900

NZDUSD continues to respect a strong bullish trend.
The recent breakout from a short-term bullish flag pattern reinforces the trend continuation outlook, suggesting buyers remain firmly in control.

Price is currently consolidating above the breakout area, which could act as a launchpad for the next leg higher. As long as the breakout level holds as support, the overall structure favors continued upside.

The first resistance to watch is 0.5855, a level that aligns with recent price structure. A sustained break above this zone could open the door to the next major objective at 0.5900.

Bullish Targets

🎯 Target 1: 0.5855
🎯 Target 2: 0.5900

You can find more details on the chart.
Thank you and good luck! 🍀

⚠️PS: Do your own analysis and use your own strategy to join the trade.
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Trade ativo
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Nota
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NZDUSD - Posted on 15-Jul-2026
Target_1 Reached

NZDCHF reached the first target.
Retail sales data were in line with expectations but below last month's. This could give NZDUSD a help to continue rising despite but with low momentum.

Aviso legal

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