The breakout of NZD/USD through the resistance line of a Inverse Head and Shoulders could be a sign of the road ahead. If this breakout persists, we expect the price of NZD/USD to test 0.6371 within the next 5 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
ARTÍCULOS RELACIONADOS
GBPJPY has broken through a resistance line. It has touched this line numerous times in the last 7 days.
GBPJPY has broken through a resistance line. Because we have seen it retrace from this price in the…
After experiencing a 1.13% bullish move in the space of 3 days, nobody knows where CHFJPY is headed.
A movement of 1.13% over 3 days on CHFJPY doesn’t go unnoticed. You may start considering where it’s…
AUDNZD formed a Rising Wedge on the 4 hour chart. Retest of resistance in sight.
AUDNZD is moving towards a resistance line. Because we have seen it retrace from this line before, we…