NZDUSD

Highlighted Previous Week's Highs and Lows:

I've marked the highest and lowest points of the previous week on the chart with horizontal lines labeled as "WEEKLY HIGH" and "WEEKLY LOW."
Weekly Confirmation:

The market has shown a weekly confirmation with a movement of around 115 pips, indicating a significant trend or market momentum.
Key Psychological Zone:

The weekly low falls into our psychological zone, a critical area where market participants may look for potential reversals or significant price actions.
This setup suggests a close watch on the psychological zone for possible reversals or continued movement in the confirmed direction, with the significant weekly movement highlighting the current market momentum.