The movement of NZD/USD towards 0.6128 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 4 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
Related Posts
GBPCHF is signaling a possible trend reversal on the intraday charts with price not breaching support.
A Channel Down pattern was identified on GBPCHF at 1.07373, creating an expectation that it may move to…
EURAUD seems to be on its way to support – a possible opportunity?
A strong support level has been identified at 1.7737 on the 30 Minutes EURAUD chart. EURAUD is likely…
A possible move on GBPJPY as it heads towards support
Emerging Falling Wedge pattern in its final wave was identified on the GBPJPY 1 hour chart. After a…