NZD/USD Holds Through 0.58771 with Confirmation Needed

Research preview

NZDUSD Hourly, Daily And Weekly Candle Charts NZDUSD is trading near 0.58675 against the daily pivot at 0.58790, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. NZDUSD H1 candlestick chartHourly price action with price near 0.58675 has a constructive tilt if the next retest holds. The price-action test is buyers held the latest candle above its open inside a 0.58662-0.58686 candle range, the recent sequence is still pressing higher, while price remains below pivot 0.58790. 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...