The breakout of NZD/USD through the resistance line of a Ascending Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of NZD/USD to test 0.6415 within the next 6 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing resistance twice in the past, NZD/USD has finally broken through. Can we expect a bullish trend to follow?
