NZD/USD has broken through a support line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 0.6102 within the next 18 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
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A strong resistance level has been identified at 0.6169 on the 15 Minutes NZD/USD chart. NZD/USD is likely…