NZDUSD has been in a broader bearish structure, but price recently reacted strongly from the lower demand zone and printed a sharp bullish impulsive move. The rally broke short-term structure and pushed price back into the marked supply/resistance area near 0.5915–0.5927, where reaction or rejection is likely.
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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.