NZD/USD is once again retesting a key horizontal resistance level at 0.6020. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
It’s time to make a decision on NZD/USD – its recent breach of 0.6020 could be a sign of a new trend to follow.
