NZDUSD MARKET ANALYSIS

 Wassup traders, I hope you're all doing great. It's been a while since I shared here and I now resume sharing my insights and analysis. Into the markets this week I am looking at NZDUSD where price rallied and broke a key H1 & H4 supply zone at 0.56840 & 0.56558 which is the origin of the previous drop to the major daily demand zone at 0.55900 & 0.55530. Price rallied and broke above supply and formed higher highs at 0.57200 confirming a new bullish range formed. Price has retraced to retest the broken supply as a new demand before a potential continuation of the rally higher. Took buy positions during London session at 0.56850 with SL at 0.56630. Setup taken is a rally base rally, a continuation setup and my target is at 0.57800.