🔎 Analyses:
NZD/USD remains supported as long as price holds above the pivot level at 0.5799. RSI is above 50, reflecting bullish momentum, while MACD is above its signal line but still negative — requiring a move above the zero line for stronger confirmation. Price is also trading above both the 20- and 50-period moving averages (0.5819 & 0.5822), reinforcing the positive bias. As long as 0.5799 holds, the next target stands at 0.5863. A break below 0.5799 would expose 0.5778 and 0.5765.
✅ Signal Setup:
- Type: Buy
- Entry: 0.5815 (above pivot)
- Stop Loss (SL): 0.5790
- Target A (TP1): 0.5840
- Target B (TP2): 0.5863