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Big movement possible on NZD/USD after a breach of 0.5705

NZD/USD has broken through a line of 0.5705 and suggests a possible movement to 0.5755 within the next 11 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.

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Ligne de prix importante est approchée par E-mini S&P 500 DECEMBER 2022. Ce prix a été testé plusieurs fois avant.

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US30 is approaching 30201.0000. We expect either a breakout through this line, or a rebound.

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