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Important price line being approached by NAS100. This price has been tested numerous times before.

NAS100 is moving towards a line of 7766.2500 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If NAS100 continues in its current trajectory, we can expect it to reach 7766.2500 within the next 15 hours.

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We expect NZDUSD to trend downwards today with a 75% chance.

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Be very careful of upcoming volatility. We expect a $10 movement on NZDUSD.

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