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NZD/USD – approaching a price line that has been previously tested numerous times in the past

NZD/USD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 29 days and may test it again within the next 5 days.

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Support line breached by AUS200. This price has been tested at least twice before.

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JPN225 is approaching the resistance line of a Resistance. It has touched this line numerous times in the last 7 days.

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