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 7 days and may test it again within the next 2 days.
Related Posts
After testing 1.4405 numerous times, USDCAD has finally broken through. Can we expect a bullish trend to follow?
USDCAD is once again retesting a key horizontal resistance level at 1.4405. It has tested this level 5…
EURUSD – It’s perhaps in these huge moves where the greatest opportunity lies
EURUSD rose sharply for 14 days – which is an excessively big movement for this instrument; exceeding the…
There is a possibility of a big movement on EURJPY after a breach of the support
EURJPY has broken through the support line of a Channel Up technical chart pattern. Because we have seen…