NZD/USD has broken through a support line of a Channel Up and suggests a possible movement to 0.6313 within the next 6 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.
There is a possibility of a big movement on NZD/USD after a breach of the support
