The price of NZD/USD in heading back to the resistance area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
ARTÍCULOS RELACIONADOS
EURGBP is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
An emerging Descending Triangle has been detected on EURGBP on the 1 hour chart. There is a possible…
After testing 175.4530 numerous times, CHFJPY is once again approaching this price point. Can we expect a bullish trend to follow?
CHFJPY is moving towards a resistance line. Because we have seen it retrace from this level in the…
AUDNZD is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days.
AUDNZD is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great…