NZD/USD has broken through a support line of a Channel Up chart pattern. If this breakout holds true, we may see the price of NZD/USD testing 0.6798 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
Will AUDJPY break through the support level it tested before?
AUDJPY is en route to a very important line that will be a definite deciding factor of what…
NZDUSD experienced 5 consecutive daily bullish candles to reach a price of 0.6062
After posting 5 consecutive bullish candles in 8 days, you may start considering where NZDUSD is heading next,…
AUDNZD is approaching a support line of a Channel Down. It has touched this line numerous times in the last 10 days.
AUDNZD is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a great…