NZD/USD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 7 days and may test it again within the next 2 days.
After testing 0.6174 numerous times, NZD/USD is once again approaching this price point. Can we expect a bearish trend to follow?
