NZD/USD is heading towards a price line of 0.6593 and could reach this point within the next 13 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
GBPUSD through 1.2532376923076922. Is this a confirming a breakout? Will it continue its path in the current trend toward 1.2489?
GBPUSD has broken through a support line. It has touched this line at least twice in the last…
If AUDJPY touches 97.7120 it may be time to take action.
AUDJPY is en route to a very important line that will be a definite deciding factor of what…
Is the extremely large movement on USDCAD a sign of things to come?
USDCAD has experienced an extremely big movement in last 24 days. It may continue the trend, but this…