NZD/USD is about to retest a key horizontal support level near 0.6128. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Related Posts
EURUSD is quickly approaching the support line of a Triangle. We expect either a breakout through this line or a rebound.
EURUSD is moving towards a support line. Because we have seen it retrace from this line before, we…
EURJPY – approaching a price line that has been previously tested numerous times in the past
EURJPY is approaching a resistance line at 173.1135. If it hits the resistance line, it may break through…
A possible move on GBPCHF as it heads towards resistance
GBPCHF is heading towards the resistance line of a Channel Up and could reach this point within the…