NZD/USD 1-Hour Chart Analysis –

20 lut

📊 NZD/USD 1-Hour Chart Analysis – Feb 20, 2025
🔹 Current Price: 0.57239 (-0.11%)
🔻 Recent High: 0.57324
🔻 Recent Low: 0.57031
🔴 200 EMA: 0.56935 (Acting as support)

🧐 Key Observations:
✅ Bullish Structure: The price has been trending upwards with higher lows, showing strength.
✅ Support Zone: A key support zone around 0.5720 - 0.5730 (highlighted in orange).
✅ Trendline Retest: Price is currently testing the support zone, potentially setting up for a bounce.

📉 Possible Scenarios:
🔹 Bullish Case: If buyers hold the support zone, a bounce toward 0.5740 - 0.5750 could be in play 🚀.
🔹 Bearish Case: A break below 0.5700 could lead to a deeper pullback towards 0.5670 - 0.5660 ❄️.

🎯 Trading Plan:
📌 Buy Setup: Look for confirmation (e.g., bullish candlestick patterns) around the orange support zone for long entries.
📌 Sell Setup: If the price breaks below 0.5700, consider short positions with targets around 0.5670.

🔥 Final Thoughts: The trend remains bullish unless we break below key support levels. Watch price action near the support zone for potential opportunities!

📢 Traders, what’s your take? Are we bouncing or breaking down? Let’s discuss! 👇💬 #NZDUSD #Forex

20 lut

Zlecenie aktywne

📊 NZD/USD Update – Moving as Planned!

🔥 NZD/USD is showing strength and pushing towards our target! The bullish momentum is holding well, with price respecting the support zone and continuing its upward move.

🚀 Next levels to watch: If momentum continues, we could see price reaching the 0.5740 - 0.5750 zone soon.

✅ Plan working perfectly – let’s ride the move! Stay sharp and manage your trades accordingly.

📢 Traders, are you in? Let’s talk! 👇💬 #NZDUSD #Forex #TradeSetup