The NZDUSD pair has been consolidating within a narrow range on the H1 timeframe, with key support forming around 0.5735-0.5740 and resistance near 0.5750-0.5760. Recent candles show a bullish bias, as the close of the last three sessions has consistently approached higher highs, indicating accumulation pressure. The entry level at 0.57423 aligns with the upper boundary of this consolidation, where price has been testing resistance with increased volume (notably 7918 in the prior candle), suggesting potential breakout strength. The current structure reflects a setup where buyers are stepping in at the high of the range, with the close proximity to…

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