NZD/USD: Explosion Wave or Kiwi's Last Breath

Wait 5 sec.

NZD/USD: Explosion Wave or Kiwi's Last BreathNew Zealand Dollar vs US DollarICMARKETS:NZDUSDTrade_Hive_SignalsNZD/USD: Explosion Wave or Kiwi's Last Breath 📈 Weekly Scenarios Bullish scenario: NZD/USD holds the ~0.582-0.588 zone, then breaks upwards through resistance at ~0.598-0.605 → growth to these levels within the impulse wave. Consolidation: The price may hang between ~0.588 and ~0.605, forming an accumulation zone until the next move. Bearish scenario: A downward breakout below ~0.582 with volume → possible decline to ~0.560-0.554 within the correction wave. ✅ Conclusion NZD/USD is at an important decision point: either a strong upward impulse starts, or a corrective wave reverses. Key levels—0.582-0.588 (support) and 0.598-0.605 (resistance)—will determine the future path. The wave structure currently allows for both scenarios; it's important to wait for confirmation through price reaction at the indicated levels.