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A final push possible on NZD/USD as it starts approaching a price line of 0.6237.

NZD/USD is heading towards 0.6237 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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AUS200 – breach of a trending support line that has been tested at least twice before.

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We expect GBPUSD to trend downwards today.

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