{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/nzdusd-makes-a-failed-low-before-a-massive-bullish-move\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/nzdusd-makes-a-failed-low-before-a-massive-bullish-move\/","headline":"NZDUSD Makes a Failed Low Before a Massive Bullish Move","name":"NZDUSD Makes a Failed Low Before a Massive Bullish Move","description":"NZDUSD Analysis: The Market Makes a Failed Low Before a Massive Bullish Move NZDUSD makes a massive bull run on October 14, 2022, this was after a failed low price as the market failed to break below its previous low, indicating the end of bearishness in price action. NZDUSD Significant Zones Demand Zones: 0.60160, 0.58000 […]","datePublished":"2022-12-31","dateModified":"2023-01-01","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/12\/e.jpg","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2022\/12\/e.jpg","height":594,"width":1194},"url":"https:\/\/forexschoolonline.com\/nzdusd-makes-a-failed-low-before-a-massive-bullish-move\/","about":["charts","FX Technical Analysis","NZD\/USD","NZDUSD","Price Action Charts in Focus","Trade Idea"],"wordCount":220,"keywords":["Daily Chart","Forex","forex price action","FX Technical Analysis","Market Anticipation","Market Expectation","Market Prospect","NZDUSD","Price Action","Price Analysis","Price Chart","Technical Analysis","Trade idea","Trade Setup","USD"],"articleBody":"NZDUSD Analysis: The Market Makes a Failed Low Before a Massive Bullish MoveNZDUSD makes a massive bull run on October 14, 2022, this was after a failed low price as the market failed to break below its previous low, indicating the end of bearishness in price action.NZDUSD Significant ZonesDemand Zones: 0.60160, 0.58000Supply Zones: 0.65800, 0.70000After the failed low, a big bullish move cleared the initial buy-side liquidity. A structure break resulted from rejection after clearing the liquid. The Relative Strength Index shows that the price is leaving the overbought area and declining, which corresponds with the structure breaking down after clearing the buy-side liquidity.This demonstrates the market’s clear bearish bias, and as a result, price declines are expected to occur approaching the recent bull run’s high and low equilibrium. Within the breaker region, prices are predicted to reach 70.5% (OTE) and 79.0% (OTE) levels (Optimum Trade Entry). This will increase the likelihood of more bullish moves.Market ExpectationThe market is more apparent on the 4H chart. There has been a clear break in structure and a slight pullback. The price is then expected to decline.Note: Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.  "}