NZD/USD - Forecast

78
🕰 Weekly View
Price is still respecting the monthly downtrend. Strong support sits lower at 0.55–0.56, but as long as price stays above recent structure, buyers could defend. Weekly imbalance still unfilled above.

📉 Daily Structure

Resistance: 0.61–0.62 (no clear supply above until that zone).

Support: 0.58–0.59 demand block.
Currently ranging mid-structure, building a base for the next push.

⏱ 4H Breakdown
Price is holding an 8H demand zone at 0.59 and has built a buyer level there. Short-term resistance sits near 0.61, where rejection could send us back to retest 0.59 before continuation.

🔎 Outlook
Scenario 1 → Retest 0.59 demand, then push into 0.61–0.62 supply.
Scenario 2 → Failure to hold 0.59 leads to deeper move into 0.56 strong support.

Bias: Pullback into demand → bullish continuation toward 0.61–0.62.

Wyłączenie odpowiedzialności

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