NZD/USD has broken through a support line of a Flag and suggests a possible movement to 0.6575 within the next 23 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.
ARTÍCULOS RELACIONADOS
After testing resistance twice in the past, EURGBP has finally broken through. Can we expect a bullish trend to follow?
EURGBP has broken through the resistance line which it has tested twice in the past. We have seen…
AUDCAD – breach of price line that’s been previously tested numerous times before
A strong support level has been breached at 0.8888 on the 1 hour AUDCAD chart. Technical Analysis theory…
Important support line being approached by AUDNZD. This price has been tested numerous time in the last 7 days
Emerging Falling Wedge detected on AUDNZD – the pattern is an emerging one and has not yet broken…