NZD/USD Continuation Over 0.58845 with Follow-Through Watch

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NZDUSD Hourly, Daily And Weekly Candle Charts NZDUSD is trading near 0.58658 against the daily pivot at 0.58748, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. NZDUSD H1 candlestick chartOn H1 with price near 0.58658 needs range acceptance before the signal improves. The price-action test is sellers closed the latest candle below its open inside a 0.58657-0.58743 candle range, the recent sequence is compressed and two-sided, while price remains below pivot 0.58748. The trade idea needs the next hourly close should either defend the reaction zone or expose a false start; In relation to invalidation, a break back through the...