NZD/USD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 4 days and suggests a possible target level to be around 0.6134 within the next 8 hours.
Related Posts
NZD/USD seems to be on its way to support – a possible opportunity?
NZD/USD is en route to a very important line that will be a definite deciding factor of what…
EUR/USD has broken through a resistance line. It has touched this line numerous times in the last 4 days.
A strong resistance level has been breached at 1.1176 on the 30 Minutes EUR/USD chart. Technical Analysis theory…
GBP/USD experienced a very large 20 days bullish move to 1.33827
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…