The movement of NZD/USD towards 0.6418 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 7 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
After testing 0.6418 numerous times, NZD/USD is once again approaching this price point. Can we expect a bullish trend to follow?
