The price of NZD/USD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
ARTÍCULOS RELACIONADOS
After testing the resistance line numerous times, GBPJPY is once again approaching this line. Can we expect a bullish trend to follow?
Emerging Rising Wedge detected on GBPJPY – the pattern is an emerging one and has not yet broken…
EURUSD is quickly approaching the support line of a Triangle. We expect either a breakout through this line or a rebound.
EURUSD is moving towards a support line. Because we have seen it retrace from this line before, we…
EURJPY – approaching a price line that has been previously tested numerous times in the past
EURJPY is approaching a resistance line at 173.1135. If it hits the resistance line, it may break through…