NZD/USD has broken through a resistance line of a Triangle and suggests a possible movement to 0.6186 within the next 5 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 4 days.
NZD/USD has broken out from the Triangle pattern. Expect it to hit 0.6186 soon.
