NZD/USD is moving towards a support 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 4 days and may test it again within the next 20 hours.
Related Posts
We expect a 128 pip movement on GBPUSD for the next 12 hours.
We expect a $1280 movement on GBPUSD within the next 12 hours. We expect GBPUSD to trend downwards…
USD/JPY seems to be on its way to support – a possible opportunity?
USD/JPY is moving towards a key support level at 160.7210. This is a previously tested level for USD/JPY.…
USD/JPY seems to be on its way to support – a possible opportunity?
USD/JPY is approaching a support line at 160.8370. If it hits the support line, it may break through…