The price of NZD/USD in heading in the direction of 0.5929. Despite the recent breakout through 0.5908 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
ARTÍCULOS RELACIONADOS
Supports and resistances are primary concepts of technical analysis. AUDCAD is heading for an important price of 0.9107 – read about what this could mean for the future.
AUDCAD is approaching a resistance line at 0.9107. If it hits the resistance line, it may break through…
AUDUSD – breach of a trending support line that has been tested at least twice before.
AUDUSD has broken through a support line of a Descending Triangle and suggests a possible movement to 0.6461…
AUDNZD moves higher to 1.11437 in the last 2 days.
Those of you that are trend followers are probably eagerly watching AUDNZD to see if its latest 0.8%…