NZD/USD - 1H Analysis & Prediction📈 NZD/USD - 1H Analysis & Prediction
🔹 Key Levels & Market Structure:
✅ 0.57817 - 0.57937 - Major supply zone (resistance).
✅ 0.57323 - Potential demand zone (support).
✅ BOS (Break of Structure) confirms bullish intent but may lead to a retracement.
🚀 Bullish Scenario:
🔹 Price could push towards the 0.57817 - 0.57937 supply zone before a potential drop.
🔹 If price breaks and holds above 0.57937, further upside momentum may continue.
📉 Bearish Scenario:
🔹 Rejection from the supply zone may push price down to 0.57323 demand zone.
🔹 If 0.57323 fails to hold, expect further downside continuation.
💡 Trading Plan:
✅ Look for sell confirmations in the 0.57817 - 0.57937 zone.
✅ Watch for buy opportunities around 0.57323 with strong bullish reactions.
✅ Be cautious of liquidity grabs before making trade decisions.
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