NZDUSD NEXT MOVENZD/USDOANDA:NZDUSDwiqi4u📈 Trend Direction The chart is clearly in a strong downtrend: Lower highs Lower lows Broken structure repeatedly Current upward movement is a retracement, not yet a reversal. Unless price breaks above 0.57500, the trend remains bearish. ✅ NZD/USD – Key Support & Resistance (1H Chart) 🟥 Resistance Levels (Sell Areas) 1. 0.57132 — Major Resistance This level is already marked on your chart. It was the origin of a strong bearish move, making it a supply zone. Price previously failed to break above it. 2. 0.57500 — Secondary Resistance Price created a swing high before dropping heavily. Good zone to watch for rejection. 3. 0.58000 — Psychological & structural resistance Round number. Previous breakdown zone from October. 🟩 Support Levels (Buy Areas) 1. 0.56300 — Immediate Support Price bounced from this level recently. It is currently the closest zone below price. 2. 0.56000 — Strong Support Clean horizontal support. Price reacted strongly twice in November. A round number (psychological level). 3. 0.55500 — Major Support Zone Lowest point in the visible chart. Strong buying pressure emerged from here earlier. For More Updates Stay Tuned