NZD/USD has broken through a resistance line of a Ascending Triangle chart pattern. If this breakout holds true, we may see the price of NZD/USD testing 0.6296 within the next 16 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
NZD/USD through 0.6251846666666667. Is this a confirming a breakout? Will it continue its path in the current trend toward 0.6296?
