NZDUSD 1H: Trend Continuation Setup Targets 0.5855 & 0.5900

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.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
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.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.