The breakout of NZD/USD through the 0.6604 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of NZD/USD to test 0.6627 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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After testing 0.6604 numerous times, NZD/USD has finally broken through. Can we expect a bullish trend to follow?
December 19, 2019 10:13 pm
