NZD/USD Lifts Over 0.59163

Research preview

Executive Market Read NZDUSD is trading near 0.59019 with a balanced enough to require discipline around entries profile; the key issue is not the first move, but whether the next close confirms follow-through. Price is trading below the daily pivot at 0.59021, which leaves the first read vulnerable unless the pivot is reclaimed. The working support band is 0.58910 / 0.58812 / 0.58721, while the resistance band is 0.59163 / 0.59243 / 0.59080. Daily R1 at 0.59248 and S1 at 0.58786 define the first tactical range. Internal models have flipped from Buy to Strong Buy for NZD/USD. The shift puts upside continuation in focus, with price near 0.59064, the one-day...