Lingrid | NZDUSD Fake BREAKOUT of the SUPPORT zoneThe price perfectly fulfilled my last idea. It reached the target. FX:NZDUSD recently experienced a false breakout of the previous support level. On the daily timeframe, the market has reached a demand area, suggesting that we could see a pullback from this level. On the 4H timeframe, the formation of bullish divergence at the support level indicates a potential for retracement. This technical setup supports the idea that the price may move higher and retest the resistance zone that has been tested multiple times in the past. My goal is resistance zone around 0.58835
raders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻