NZD/USD has broken through the resistance line of a Channel Down technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 6 days and suggests a possible target level to be around 0.6125 within the next 19 hours.
ARTÍCULOS RELACIONADOS
AUDUSD likely to test 0.6470 in the near future. Where to next?
AUDUSD is approaching a support line at 0.6470. If it hits the support line, it may break through…
EURUSD is signaling a possible trend reversal on the intraday charts with price not breaching support.
EURUSD is heading towards the resistance line of a Channel Up and could reach this point within the…
After testing the support line numerous times, GBPUSD is once again approaching this line. Can we expect a bearish trend to follow?
The movement of GBPUSD towards the support line of a Descending Triangle is yet another test of the…