NZDUSD: A Slow Pair, but a Clear SetupNZD/USDOANDA:NZDUSDMihai_Iacob1. What happened before Although NZDUSD has been a very slow mover lately, the pair remains highly technical. Looking back, the broader downtrend started in 2014, with the decline visible on the chart since 2021. The most recent leg down began exactly one year ago and ended in April at 0.55 – a level that coincided with both the pandemic low and the October 2022 bottom. 2. Key question Has NZDUSD finally built a foundation for a bullish continuation, or will the market remain trapped in its slow range? 3. Why upside continuation looks possible •The rebound from April low reached 0.61 resistance before pulling back. •Importantly, the pullback stopped at 0.58, forming a higher low and aligning with an old support. •The new rise that followed confirms strong demand at 0.58, suggesting momentum may continue to the upside. 4. Trading plan •The pair is bullish above 0.58. •First upside target: 0.61 resistance. •Longer-term soft target: 0.64. •Patience is required – NZDUSD is a slow pair, and such a move needs time to develop. 5. Conclusion NZDUSD might not be the fastest market, but its technical precision makes it worth watching. Above 0.58, the bias stays bullish, with the market slowly but surely building a case for higher levels 🚀