NZDUSD: A Big Move Is Coming? CopyNEW ZEALAND DOLLAR / U.S. DOLLARFX_IDC:NZDUSDzarixschoolNZDUSD is at an interesting turning point, and the next few daily closes could tell us a lot. I'm still seeing potential for a move higher, but buyers have some work to do first. Here's what I'm watching. 👇 📈 Weekly Chart: Can Buyers Take Back Control? NZDUSD bounced from the 0.5565 area, but the latest pullback shows that buyers aren't fully in control yet. The key level on my weekly chart is 0.5699. A weekly close above 0.5699 would strengthen my bullish outlook and open the door for another move higher. But there's a catch. If price spends another week moving sideways or pulling back, we could be getting closer to a weekly top instead. So I'm not ignoring that risk. 🎯 Daily Chart: Two Levels That Matter The daily chart is where things get interesting. I'm watching for a possible bottom to form over the next 1–2 trading days. Here's my plan: 🟢 Above 0.5668: A daily close above this level would favor another move higher. 🔴 Below 0.5587: A daily close below this level would suggest that sellers aren't finished and that lower lows could be coming. Between those levels, I'd rather wait for price to give us a clearer direction. ⚠️ What About Risk? My protective stop for the bullish setup is 0.5565. If price closes below that level, my weekly bullish setup is no longer valid. There's no reason to force a trade when the market hasn't confirmed the direction. 💡 My Outlook I still believe NZDUSD has room to move higher. But I'm watching the daily chart closely before getting more confident. A daily close above 0.5668 would be encouraging. A weekly close above 0.5699 would be even better. Until then, patience matters more than trying to predict every candle. What do you think? Will NZDUSD bounce from here, or are sellers getting ready for another drop? I'd love to hear what you're seeing on your charts. 👇