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Important price line being approached by Microsoft Corporation. This price has been tested numerous times before.

Microsoft Corporation is moving towards a line of 315.93 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Microsoft Corporation continues in its current trajectory, we may see it move towards 315.93 within the next 3 days.

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We expect a 645 pip movement on KC within 12 hours following the event release.

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We expect a $440 movement on NZDUSD within 48 hours following the event release at 05 Apr 12:30.

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