NZD/USD Around 0.58907: Upside Clears

Research preview

Scenario plan Scenario Confirmation Invalidation Bullish continuation D1 close above 0.58907, then retest holds. Back below pivot 0.58723 Range continuation Price keeps rejecting both nearest support and resistance. Clean D1 close outside the range Bearish continuation D1 close below 0.58703, then failed retest. Back above pivot 0.58723 NZDUSD Pivot And Support Resistance Levels The range map defines where conviction should increase and where it should be reduced. NZDUSD is mapped against a daily pivot at 0.58723, with first resistance near 0.58959 and first support near 0.58497. The weekly pivot sits at 0.58522, with weekly R1 at 0.59489 and weekly S1 at 0.58005, giving the session a wider support and resistance...