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NZD/USD – breach of price line that’s been previously tested numerous times before

The price of NZD/USD in heading in the direction of 0.5974. Despite the recent breakout through 0.5954 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

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Supports and resistances are primary concepts of technical analysis. ADAUSD is heading for an important price of 0.4647 – read about what this could mean for the future.

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UK100 broke through a resistance at 2024-04-26T02:00:00.000Z, with the price momentum continuing to move in an upward direction over the next hours, good opportunity presents itself with the price expected to reach 8146.6030.

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