The breakout of NZD/USD through the 0.6185 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 0.6109 within the next 5 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
NZD/USD is currently testing a level of 0.6185. Will the breakout continue or will things reverse?
