The price of NZD/USD in heading in the direction of 0.6268. Despite the recent breakout through 0.6244 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Related Posts
GBP/USD has broken through a support line. It has touched this line numerous times in the last 9 days.
The breakout of GBP/USD through the 1.2669 price line is a breach of an important psychological price that…
Important price line breached by USD/CHF. This price has been tested numerous times before.
USD/CHF has broken through a line of 0.8949 and suggests a possible movement to 0.9008 within the next…
If you’re short NZD/USD you should be aware of the rapidly approaching level of 0.6130
A strong resistance level has been identified at 0.6130 on the 1 hour NZD/USD chart. NZD/USD is likely…