NZDUSD using a gap-based strategy.

NZD/USD seems using a gap-based strategy. Here's a quick breakdown of your analysis:

Gap Strategy: If there is a gap and the price fills it (moves back into the gap), it might indicate a continuation of the trend. In this case, if the price crosses the gap, you expect the next targets to be 0.57000 and 0.57500.

Support Levels: If the gap is not filled and the price fails to cross, you're watching for support levels around 0.56000 and 0.55400 as key zones for potential price bounces or reversals.

This strategy seems to hinge on the idea that gaps often get filled and that the price could either continue upwards or find support if it doesn't break through the gap.

You may see more details in the chart.

PS Support with like and comments for more insights.
PS Support with like and comments for more insigths.