NZDUSD: The Bottom Is In. What's Next? NEW ZEALAND DOLLAR / U.S. DOLLARFX_IDC:NZDUSDzarixschoolNZDUSD may finally be ready for a move higher. After weeks of selling, we're starting to see something different. The weekly chart has formed a bottom, and price has closed higher. That's exactly what I was waiting to see. Now I'm watching for a possible bullish move over the next 2–3 weeks. Here's how I'm looking at it. 👇 📈 The Weekly Chart Looks Promising NZDUSD bounced from the support area near 0.5565 and is now trading back above 0.5620. The weekly momentum indicator is also turning higher. That's a good sign for buyers, but the next move still needs to prove itself. 🎯 My Next Price Targets On the daily chart, I'm watching three important levels: 0.56873 — The first level buyers need to break. 0.5727 — My first upside target. 0.5777 — My second target if the rally continues. A strong move above 0.56873 would make the bullish case even more interesting. ⚠️ What If Price Pulls Back First? That wouldn't surprise me. After a sharp selloff, markets don't always recover in a straight line. I'll be watching the 0.56373–0.5620 area for support. If buyers defend that zone, it could help keep the recovery on track. If price starts falling back toward the recent lows, I'll need to reassess the setup. 💡 My Take I believe NZDUSD has formed an important weekly bottom, and I'm leaning bullish for the next couple of weeks. But I'm not expecting a straight shot higher. The real test is whether buyers can push through resistance and keep the recovery going. So here's my question: Do you think NZDUSD is starting a bigger rally, or is this just a temporary bounce? Let me know what you're seeing on your charts. 👇