NZD weekly data is suggesting massive net buying / accumulation at the current price level.
Higher low formation on histogram has been created conveying the current level to be the new base for the incoming series of price growth.
Expect a more than average bounce from the present pricing.
Other key notes: Descending trendline is gradually shifting to the upside. Bubble up volume appears (bottom indicator). Huge hint.
Weekly descending trendline broken for the first time since the start of the year.
Spotted at 0.55000
TAYOR
Safeguard capital always.