NZDUSD Update – Structure Holding, Waiting for Clarity

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NZDUSD Update – Structure Holding, Waiting for ClarityNZD/USDOANDA:NZDUSDdarlwrightUpdate on NZDUSD: Yesterday we were watching for a pullback setup that did not develop. Instead, price moved back into the upper boundary of the channel, where we are now approaching a key decision zone. Current observations: Price at channel resistance (5th touch) Market still within consolidation structure 4H momentum approaching divergence (not confirmed) Daily momentum still down, but not at an ideal location At this stage, this is: A setup forming… but not A+ What we are watching for: Rejection at the zone → potential short scenario OR Break above the zone → higher highs → pullback to structure Then: Look for volume confirmation across 4H / 1H / 15M Until we see clarity: We wait and let the market show its hand. Observation, not a signal. Not financial advice.