NZD/USD Toward 0.58796: Momentum Clears

Research preview

NZDUSD Pivot And Support Resistance Levels The practical trading map starts with the daily pivot and then checks whether the weekly range agrees. NZDUSD is mapped against a daily pivot at 0.58790, with first resistance near 0.58982 and first support near 0.58499. 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 framework. Map PP R1 R2 R3 S1 S2 S3 Daily pivot 0.58790 0.58982 0.59273 0.59465 0.58499 0.58307 0.58016 Weekly pivot 0.58522 0.59489 0.60006 0.60973 0.58005 0.57038 0.56521 Decision map: NZDUSD is below the daily pivot, so the first quality test is whether price can...