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Breach of 0.6393 could mean a start of a bearish trend on NZD/USD

NZD/USD has broken through a line of 0.6393. If this breakout holds true, we expect the price of NZD/USD to test 0.6374 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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GER30 is quickly approaching 12588.5000. We expect either a breakout through this line, or a rebound.

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