BUY NZDUSD – 0.60387

Technically the NZD/USD chart formed an equal‑high‑low sweep on the 4‑hour timeframe, generating a clean buy‑sweep signal that aligned with a clear structural support zone around 0.60387 and was confirmed by high‑volume activity. Although the OBV indicator shows a short‑term conflict, the overall price action remains bullish, and the stop‑loss is placed at the next structural low (0.60249). Fundamentally, US initial jobless claims came in above expectations, adding pressure to the dollar, while the Reserve Bank of Australia’s recent comments on a still‑tight labour market and persistent inflation provide a supportive backdrop for the New Zealand dollar. Combined, these technical and macro factors justify a long position with tiered profit targets at 0.60504, 0.60580 and 0.60731.