The breakout of NZD/USD through the 0.5997 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, NZD/USD could test 0.5977 within the next 10 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
NZD/USD – breach of price line that’s been previously tested numerous times before
