Lingrid | NZDUSD potential PULLBACK Trading Opportunity

The price perfectly fulfilled my previous idea. It hit the take profit level. After last week's massive sell-off, NZDUSD price has pulled back toward 60% of the bearish move. The price appears to have bounced off the resistance zone where we have upward trendline and channel border. Additionally, there is a psychological level at 0.57000 as well. I believe the price may move lower and retest the middle of the consolidation zone if the price rejects the resistance. However, the market might move higher if the upcoming news release favors the market. My target is resistance zone around 0.55940


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻