NZD/USD has broken through a line of 0.5901. If this breakout holds true, we could see the price of NZD/USD heading towards 0.5917 within the next 9 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
After testing 0.5901 numerous times, NZD/USD has finally broken through. Can we expect a bullish trend to follow?
