NZDUSD: Compression under resistance, explosive movement imminen

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NZDUSD: Compression under resistance, explosive movement imminenNZD/USDOANDA:NZDUSDfullpriceactionThe NZD/USD pair is currently trading within a compression pattern with an upward trendline supporting prices. The 0.5940 level remains the key resistance to watch: a clean break could open the way for a new upward impulse. Conversely, a break below this dynamic support would reignite pressure towards recent lows. The market is approaching a decisive point. Caution is advised before the breakout is confirmed. Don't forget to leave 🚀a like and subscribe if you enjoyed the analysis.