NZD/USD is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 17 days and may test it again within the next 4 days.
ARTÍCULOS RELACIONADOS
Supports and resistances are primary concepts of technical analysis. AUDJPY is heading for an important price of 96.3410 – read about what this could mean for the future.
AUDJPY is heading towards 96.3410 and could reach this point within the next 2 days. It has tested…
Rare set of bearish consecutive candles on the USDCAD Daily chart. Can we expect a turn-around?
USDCAD has moved lower after 4 consecutive daily candles from 1.4713 to 1.4308 in the last 5 days.
EURUSD is quickly approaching the resistance line of a Triangle. We expect either a breakout through this line or a rebound.
Emerging Triangle detected on EURUSD – the pattern is an emerging one and has not yet broken through…