NZD/USD has broken through a resistance line. It has touched this line at least twice in the last 11 days. This breakout may indicate a potential move to 0.6329 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
AUDCAD keeps moving closer towards 0.8971. Will it finally breach this level?
AUDCAD is moving towards a line of 0.8971 which it has tested numerous times in the past. We…
Important support line being approached by EURUSD. This price has been tested numerous time in the last 7 days
A Channel Up pattern was identified on EURUSD at 1.170745, creating an expectation that it may move to…
EURAUD recorded 8 consecutive daily bearish candles.
EURAUD experienced an unusual number of bearish candles on the Daily timeframe.