NZD/USD poised to move..

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NZD/USD poised to move..New Zealand Dollar/US DollarFX:NZDUSDCarolAVGJRNZD/USD Update NZD/USD is trading within a triangle formation, with technical indicators sitting at neutral levels. Price is currently holding above the Daily Pivot at 0.5987, and given we’re mid‑range, this pivot becomes the key guide for today’s trading. A sustained hold above 0.5987—the most likely scenario with neutral indicators—would encourage buyers to push the market higher toward R2 at 0.6030. We’ve already kissed R1 (0.6015) with today’s high at 0.6013. The 18‑day MA at 0.6006 and the 9‑day MA holding 0.5991 show just how tight this range has become. Keep an eye on AUD/NZD. The cross is currently above its technical indicators, looking a touch overbought, but still holding the Daily Pivot at 1.1864. Movement in this cross will often signal which currency—AUD or NZD—is the more favourable to trade against the USD. This is not to be construed as investment advice. My Money, My Risk. #NZDUSD #AUDNZD #FX #Forex #TechnicalAnalysis #Trading #MarketCommentary #PriceAction #FXTrader #Charts